Global EV sales are still huge, but they’re not moving in the same direction everywhere: New data from Benchmark Mineral Intelligence shows 4 million electric vehicles were sold worldwide in Q1 2026, down 3% year over year.
March helped soften the drop, with 1.75 million EVs sold globally – up 66% from February and 3% higher than March 2025. That rebound, though, masks a widening gap between regio...
The strongest version of this narrative highlights the divergent trajectories of global EV markets, with Europe’s surge contrasting sharply against China’s and North America’s declines. The analysis credibly ties regional performance to policy shifts, fuel price volatility, and geopolitical tensions, particularly the Middle East conflict’s impact on energy costs. The data underscores Europe’s leadership in EV adoption, fueled by subsidies and consumer responses to higher gasoline prices, while C...