BMW Group reported a 40% jump in European EV orders in Q1 2026, led by strong demand for the new BMW iX3 as Neue Klasse momentum builds.
Global EV sales reached 4 million in Q1 2026, down 3% year-on-year. Europe posted record growth, while China and North America faced slower demand.
U.S. EV sales fell 27% year over year in Q1, signaling a market reset after federal incentives ended. Tesla, Toyota, and Lucid remain key players.
Volvo reports Q1 2026 sales down 11%, but EV sales rise 12%. Electrified models reach 47.3% share, highlighting strong momentum despite global challenges.
Polestar reports 13,126 Q1 2026 sales, up 7% YoY, with rapid retail expansion and strong performance across key global EV markets.
BYD sets a new Q1 sales record in the UK with over 21,000 registrations, strong March performance, and rising demand for EVs and plug-in hybrids.
UK new car registrations rose 6.6% in March 2026, with EV sales reaching record levels. However, rising costs and policy pressures challenge long-term growth.
Geely reports record Q1 2026 sales driven by EV adoption and booming exports. Zeekr, Lynk & Co and core brand all post strong growth.
Tesla delivers 358,023 EVs in Q1 2026, up 6.3% year-over-year but below forecasts. Production improves, but competition and slowing momentum raise questions.
Volvo reports Q1 2026 sales decline amid market pressure, while fully electric car sales grow 12% and electrified models reach nearly half of total deliveries.