On April 23rd, the International Energy Agency (IEA) released its annual report on worldwide electric mobility trends, “Global EV Outlook 2024.” The publication documents robust growth in the sale of electric vehicles across major auto markets, with the bulk of new EV sales occurring in China (60%), Europe (25%), and the United States (10%). The promising global trends identified by the IEA contradict gloomier assessments heard here in the U.S., where many have suggested that EV adoption is losing momentum.