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.
XPeng and NIO report strong March and Q1 2026 EV deliveries, highlighting rapid growth, global expansion, and rising demand across key markets.
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.