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00:00 The International Energy Agency expects that electric car sales will increase in 2024,
00:07 despite the opposite economic winds, but the demand will be strong this year.
00:13 Let's look at the details. In general, electric car sales in 2023 were estimated at about $14 million,
00:22 and estimates indicate that they will reach about $17 million this year.
00:28 If we want to compare, the increase was about 21.4% compared to the same period last year.
00:37 But what about this report? The report of the International Energy Agency indicates that
00:42 about one in five electric cars will be sold,
00:46 while about 10 million electric cars will be sold in China.
00:50 Why are we talking about China?
00:52 This is especially true of BYD sales, which surpassed Tesla's in the last quarter of 2023.
01:00 But what about this quarter's sales?
01:03 In general, there was no doubt that there was fear of rising battery prices and rising inflation,
01:09 which is not a gradual cancellation of the prices of electric cars.
01:12 All these factors have caused fear in electric car sales, but the demand is still strong.
01:19 In the first quarter of this year, we saw that the annual sales of electric cars increased by about 25%.
01:27 This is the total sales in 2020.
01:31 But what about the percentage of electric cars sales, whether in America, Europe or China?
01:38 In general, one in nine sold cars in America will be electric,
01:43 while in Europe, one in four buyers is an electric car.
01:48 In China, it is about half.
01:50 We are talking about about 45% of the total sales of electric cars in China.
01:55 In general, the report of the International Energy Agency indicates that
01:58 the infrastructure for charging batteries needs to grow by about six times by 2035
02:05 in order to meet the demand or sales of electric cars in the future.
02:11 In general, there is no doubt that the demand for electric cars will be higher.
02:16 This will reduce the consumption of oil in general in land transport.
02:21 China may become a pioneer in this area due to the increasing sales and receipts.
02:28 And it is possible that electric cars will be the future.