Close to 30% of cars sold are expected to be electric this year, with Europe leading the way as electric vehicle (EV) sales surge in response to escalating oil prices and economic pressures. Recent reports indicate that global EV sales are on track to reach record numbers, with Europe becoming the fastest-growing market, despite stagnation in the U.S. caused by various factors, including high petrol prices and shifting consumer priorities. The ongoing conflict in Iran has also affected fuel supply, pushing more drivers toward EVs. As a result, dealerships are reporting significant increases in sales as buyers look for alternatives to traditional petrol cars. The International Energy Agency (IEA) forecasts that EVs will account for a third of the new vehicle market by the end of the period, indicating a transformative shift in consumer behavior and market dynamics.