UK new car registrations rose 7.1% in May, driven by strong BEV growth to 27.3% market share. EV incentives and expanding model choice reshape demand, but targets still lag.
Volvo Cars reported 178,980 global sales from March-May 2026. EV demand remains strong in Europe, led by the EX30, EX40 and newly launched EX60 electric SUVs.
Leapmotor achieved a record 81,569 vehicle deliveries in May 2026, up 81% year-over-year, as the Chinese EV maker accelerates global expansion and launches the B05 overseas.
NIO achieved a record 37,705 EV deliveries in May 2026, up 62.3% year-over-year. ONVO L80, ES9 launch, and FIREFLY growth helped drive momentum.
Xpeng delivered 32,158 vehicles in May, extending its year-on-year decline streak. However, strong GX SUV demand and robotaxi progress could drive a rebound.
Pony.ai posted record Robotaxi revenue in Q1 2026, raised fleet targets to 3,500 vehicles, and accelerated expansion across China, Europe, and the Middle East.
Battery-electric vehicles captured 19.7% of the EU car market in early 2026, while hybrid sales surged and petrol registrations continued to fall sharply.
Global EV sales surpassed 20 million in 2025 as Europe, China and emerging markets accelerate adoption while the U.S. EV market continues to lag behind.
April 2026 EV market data shows weaker new EV sales but strong used EV growth, tightening inventory, stable pricing, and rising affordability pressure across segments.
Global EV sales reached 5.6M in early 2026. Europe surges ahead while China and North America lag. Key trends shaping the electric vehicle market.