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Electric vehicles on the road are set to triple in two years, with China as world’s biggest market

The findings of the International Energy Agency, an institution that advises industrial nations on energy policy, illustrate the speed at which the world’s transport system is shifting toward cleaner fuels, as governments focus on limiting pollution and greenhouse gases

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A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing in April this year. The world’s fleet of electric vehicles is likely to more than triple to 13 million by the end of this decade, up from 3.7 million units last year, according to the International Energy Agency. Photo: Reuters

Teslas and Nissan Leafs are likely to become a much more common sight on the world’s roads in the next two years, the International Energy Agency said.

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The global fleet of electric vehicles (EVs) is likely to more than triple to 13 million by the end of the decade from 3.7 million last year, according to a report released on Wednesday by the Paris-based institution, which was set up to advise industrial nations on energy policy. Sales may soar 24 per cent each year on average through to 2030.

The findings illustrate the speed at which the world’s transport system is shifting toward cleaner fuels as governments focus on limiting pollution and greenhouse gases.

Tesla and Nissan Motor have some of the best known EVs on the road now, but major carmakers from Volkswagen to General Motors and Audi have followed suit in announcing dozens of battery-powered versions of their models.

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Here are some of the key findings of the IEA’s report:

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