Lithium-iron-phosphate share of EV sales by battery capacity
RecordSTO-WFH55KJ18X-AKZ1CDHF8F-00MA8S
Global · 2023
Lithium-iron-phosphate share of EV sales by battery capacity worldwide was more than 40% in 2023 (IEA).
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- The pace of the transition to electric vehicles hinges on their affordability
- Retrieved
- 22 Sep 2026
- Status
- Verified
What the source says
Lithium-iron-phosphate batteries – which are significantly cheaper than those based on lithium, nickel, manganese and cobalt oxide – accounted for over 40% of global EV sales by capacity in 2023, more than double their share in 2020.
Checked: the figure 40%is stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
APA
International Energy Agency. (2023). Executive summary – Global EV Outlook 2024. Retrieved September 22, 2026, from https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Via StatOrigin, https://statorigin.org/stat/stat_WFH55KJ18XAKZ1CDHF8F00MA8S
Other formats: MLA, Chicago, BibTeX
- MLA
- International Energy Agency. "Executive summary – Global EV Outlook 2024." 2023, https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed 22 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_WFH55KJ18XAKZ1CDHF8F00MA8S.
- Chicago
- International Energy Agency. "Executive summary – Global EV Outlook 2024." 2023. https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed September 22, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_WFH55KJ18XAKZ1CDHF8F00MA8S.
- BibTeX
- @misc{iea2023lithium00ma8s, author = {{International Energy Agency}}, title = {Executive summary – Global EV Outlook 2024}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_WFH55KJ18XAKZ1CDHF8F00MA8S}, note = {Original source: https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed September 22, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Executive summary – Global EV Outlook 2024
- Type
- Report
- Published
- —
- Locator
- The pace of the transition to electric vehicles hinges on their affordability
- Retrieved
- 22 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- CC by 4.0
Verification
- Status
- Verified
- Review protocol
- pipeline:quote-verified-v2
- Checked on
- 27 September 2026
- Last revision
- 27 September 2026
- Permanent URL
- /stat/stat_WFH55KJ18XAKZ1CDHF8F00MA8S