An electric car or electric vehicle (EV) is a passenger automobile that is propelled by an electric traction motor, using electrical energy as the primary source of propulsion. The term normally refers to a plug-in electric vehicle, typically a battery electric vehicle (BEV), which only uses energy stored in on-board battery packs, but broadly may also include plug-in hybrid electric vehicle (PHEV), range-extended electric vehicle (REEV) and fuel cell electric vehicle (FCEV), which can convert electric power from other fuels via a generator or a fuel cell.
Compared to conventional internal combustion engine (ICE) vehicles, electric cars are quieter, more responsive, have superior energy conversion efficiency and no exhaust emissions, as well as a typically lower overall carbon footprint from manufacturing to end of life (even when a power plant supplying the electricity might add to its emissions). Due to the superior efficiency of electric motors, electric cars also generate less waste heat, thus reducing the need for engine cooling systems that are often large, complicated and maintenance-prone in ICE vehicles.
The electric vehicle battery typically needs to be plugged into a mains electricity power supply for recharging in order to maximize the cruising range. Recharging an electric car can be done at different kinds of charging stations; these charging stations can be installed in private homes, parking garages and public areas. There is also research and development in, as well as deployment of, other technologies such as battery swapping and inductive charging. As the recharging infrastructure (especially fast chargers) is still in its infancy, range anxiety and time cost are frequent psychological obstacles during consumer purchasing decisions against electric cars.
Worldwide, 14 million plug-in electric cars were sold in 2023, 18% of new car sales, up from 14% in 2022. Many countries have established government incentives for plug-in electric vehicles, tax credits, subsidies, and other non-monetary incentives while several countries have legislated to phase-out sales of fossil fuel cars, to reduce air pollution and limit climate change. EVs are expected to account for over one-fifth of global car sales in 2024.
China currently has the largest stock of electric vehicles in the world, with cumulative sales of 5.5 million units through December 2020,[needs update] although these figures also include heavy-duty commercial vehicles such as buses, garbage trucks and sanitation vehicles, and only accounts for vehicles manufactured in China. In the United States and the European Union, as of 2020, the total cost of ownership of recent electric vehicles is cheaper than that of equivalent ICE cars, due to lower fueling and maintenance costs.
In 2023, the Tesla Model Y became the world's best selling car. The Tesla Model 3 became the world's all-time best-selling electric car in early 2020, and in June 2021 became the first electric car to pass 1 million global sales. Together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, electric cars form a future mobility vision called Autonomous, Connected, Electric and Shared (ACES) Mobility.