4 stories tagged ev-market-share on EV Digest.
Worldwide electric vehicle sales continued their upward trajectory in July, capturing 27% of the total vehicle market. Battery-electric vehicles (BEVs) saw significant year-over-year growth, while plug-in hybrids (PHEVs) experienced a notable decline, signaling a shift in consumer preference within the EV segment.
Vietnamese automaker VinFast is experiencing a substantial surge in EV deliveries within its home market. The company reported over 21,700 electric vehicles sold in July, contributing to a total of nearly 138,000 units delivered in the first seven months of 2026. This strong domestic performance puts VinFast on track to exceed its previous annual sales records.
The global electric vehicle market achieved a significant milestone in June 2026, reaching a 30% market share as registrations climbed 8% year-over-year to approximately 2 million units. Battery electric vehicles (BEVs) continue to drive this growth with a robust 21% increase, while plug-in hybrids (PHEVs) saw a 14% decrease in registrations.
For the second consecutive quarter, Chinese automaker BYD has outsold Tesla in battery-electric vehicle deliveries worldwide, solidifying its position as a dominant force in the EV market. This ongoing shift reflects BYD's aggressive expansion and diverse product portfolio contrasting with Tesla's recent sales performance.
