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US EV Market Splits in Q1 as New Sales Drop 28%, While Used Demand Surges
New EV sales in the US fell 28% in Q1 2026 after tax credits expired, while used EV demand surged. Here’s why buyers are shifting—and what it means.
VinFast Doubles EV Deliveries in 2025 as Revenue Surges, Profitability Still a Challenge
VinFast’s 2025 results show record EV deliveries, strong revenue growth, and improving margins. Here’s how the automaker plans to scale to profitability in 2026.
EU: EVs Capture 18.8% of New Car Market Through February
EU car registrations fell 1.2% in early 2026, while EVs grew to 18.8% share. Hybrids lead the market as petrol and diesel continue to decline.
US EV Market: New EV Sales Fall, Used EV Demand Surges in February
February EV market report shows new EV sales down 26.8% YoY while used EV demand rises. Prices fall, inventory tightens, and affordability drives momentum.
Global EV Sales Reach 1.1 Million in February 2026
Global EV sales totaled 1.1 million units in February 2026. Europe leads growth while North America and China face declines amid policy changes and shifting demand.
Volkswagen Surpasses 4 Million Electric Vehicle Deliveries Worldwide
Volkswagen Group reaches 4 million electric vehicle deliveries globally, leading Europe’s EV market with a growing portfolio of more than 30 all-electric models.
UK Car Market Rises 7.2% in February as EVs Capture 24.2% Share
UK new car registrations rose 7.2% in February to 90,100 units. EVs held 24.2% market share as March plate change looms and 2026 ZEV targets approach.
Volkswagen Delivers 2 Millionth Electric Car
Volkswagen celebrates delivery of its 2 millionth electric vehicle, an ID.3, reinforcing its leadership in Europe’s EV market and expanding the ID. range.
BYD February Sales Drop 41% YoY as Exports Top 100,000 Units Again
BYD’s February 2026 NEV sales fell 41% year-on-year amid Lunar New Year disruption, but exports surged past 100,000 units for the fourth straight month.
XPeng,NIO and Li Auto Post Strong February 2026 Deliveries
XPeng delivered 15,256 EVs and began global P7+ shipments, while NIO delivered 20,797 vehicles in February 2026 and surpassed 100 million battery swaps.
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