Loading...
Please wait while we get things ready for you
Please wait while we get things ready for you
Global EV sales jumped 35% in Q2 after oil prices surged, with BYD selling 419,211 vehicles in July alone. Autonomous driving sees major moves from Dubai, NVIDIA, and Hyundai. Ireland sets a new monthly EV record.
Oil Shock Ignites EV Demand Globally
The global electric vehicle market is splitting in two. Australia and Europe are seeing record-breaking adoption fueled by a Middle East fuel crisis, while the United States is experiencing a post-tax-credit hangover where hybrid vehicles are booming but pure battery EV sales are declining. This divergence is the defining story of the EV transition this quarter.
In Australia, EV sales have reached a "new trajectory" as consumers rush to insulate themselves from...
Europe's EV registrations hit 1.24 million in H1 (up 33.7%), VW's EV orders surged 50%, and affordable models are flooding the market. Meanwhile, US electric truck sales crater — Hummer EV down 55%, GM offering $21K discounts — as China's domestic market cools with Beijing cutting subsidies.
Europe's EV Boom Just Hit 1 Million — and It's Getting Cheaper
Battery electric registrations across 17 European markets topped 1.24 million in H1 2026, up...
China's internal combustion engine (ICE) market crashed 42% in June as plug-in vehicles hit a record 63% market share. Europe crossed 1 million EV sales in the first half of 2026, while in the US, expensive electric trucks like the Hummer EV saw sales plunge 55%, forcing Ford to pivot toward a cheaper $30,000 model.
China's ICE Meltdown Accelerates In the world's largest auto market, the transition from fossil fuels is no longer...
Global EV sales topped 2 million in June, bringing year-to-date sales to 9.6 million units — up 7% year-over-year. The headline number, however, hides a dramatic split: Europe surged 31% year-over-year while North America plummeted 20% year-to-date after the Trump administration ended federal EV tax credits. China remains the largest market at 1.0 million units in June, but its year-over-year growth is actually down 11% as the...