C29 · Electric Vehicles · Global

Consumer spending on electric cars

Global: 560 billion USD in 2024.

  • 560 billion USD Latest · Global · 2024
  • Annual Release cadence
  • 1 Record · 1 region · 2024

Verified 1 Oct 2026 · 1 publisher · Next period 2025

The figure

One published observation so far. A chart follows as soon as a second period is published.

Fig 1 · C29 · 1 regionAnnual

Consumer spending on electric cars

Global, 2024

1 observation
560 billion USD Global · 2024 · IEA · full record
Source: IEA · CC BY 4.0 · statorigin.org

Every record

1 record · 1 region · 2024. Each period links to its record: the value, its source evidence and original document.

Consumer spending on electric cars: every record, grouped by region, newest first.
Period Value Source Type
Global 1 record
2024 560 billion USD IEA · 14 May 2025 estimate

Download this data

Every file carries its provenance: the CSV has a source column per row, and the chart images print the publisher, the licence and this page's address under the drawing. Source: IEA. Licence: CC BY 4.0.

Use and publication rights

  • View, cite and link: free

    Quote any number, cite this page or a single record, and link to it anywhere.

  • Copy, chart and republish: free with attribution

    The data is published under CC BY 4.0, commercial use included. Credit StatOrigin and the original publisher (IEA); the chart files already carry that line.

  • The source documents: the publisher's terms

    Figures are facts read from the publishers' own documents. The documents themselves, their text and design, stay under each publisher's terms; follow the source links for those.

How this measure is built

Definition
Total consumer spending on electric cars in the region during the calendar year.
Measure
One slice of Consumer spending ( form: level, segment: electric cars ) . Total expenditure by consumers on goods and services. Region and period are columns on every record, not slices.
Limitations
Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 1 document

Document Publisher Published Data points
Global EV Outlook 2025 IEA 14 May 2025 1

Other slices of consumer spending

Frequently asked questions

What is the latest consumer spending on electric cars?

Global: 560 billion USD in 2024.

Where does this data come from?

From 1 document published by IEA. Every figure on this page links to its record, which quotes the sentence or table row the number was read from.

How often is it updated?

Annual. The newest published period is 2024; the next release should cover 2025. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

Cite this page

Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Consumer spending on electric cars [Data set]. Retrieved October 14, 2026, from https://statorigin.org/indicators/global-ev-consumer-spending

"Consumer spending on electric cars." StatOrigin, 2026, https://statorigin.org/indicators/global-ev-consumer-spending. Accessed 14 Oct. 2026.

StatOrigin. "Consumer spending on electric cars." Data set, 2026. Accessed October 14, 2026. https://statorigin.org/indicators/global-ev-consumer-spending.

@misc{statorigin_global_ev_consumer_spending_2026, title = {Consumer spending on electric cars}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/global-ev-consumer-spending}, note = {Data set. Accessed 2026-10-14} }