Available electric car models could number more than 1 000 by 2026
The number of available models for electric cars increased 15% year-on-year to reach nearly 785 in 2024. While today there are 50% fewer electric models than ICE and hybrid electric vehicle (HEV)2 models, this gap is narrowing and is expected to shrink to around 30% by 2027 based on announcements by OEMs.
While its EV sales share remained largely unchanged, Europe saw the fastest increase in model availability over the past year, with a jump from 290 models to more than 360. The growth seen in 2024 is expected to almost double by 2026: As stricter emissions standards come into force in the European Union, more than 140 additional models are due to enter the market. For example, Volkswagen and Stellantis have announced plans to introduce about 35 new electric models between them by 2026.
