8 stories tagged global-sales on EV Digest.
For the first time since the 1920s, gasoline-only vehicle sales now represent less than 50% of the global new car market. This significant milestone underscores the accelerating transition away from internal combustion engines, driven by the rapid growth of electric vehicles and hybrids. Experts project that electric cars alone could dominate sales by the end of the decade.
For the first time, traditional gasoline vehicles now account for less than half of global new car sales, marking a significant milestone in the automotive industry's ongoing transition. This shift is primarily fueled by accelerated adoption of hybrid and battery-electric vehicles in key markets like China and Europe.
Worldwide plug-in vehicle registrations saw a 5% year-over-year increase in August, pushing the EV market share to a significant 27%. Battery-electric vehicles led this growth with a 13% rise, while plug-in hybrids experienced a 12% decline during the same period.
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.
Chinese automotive brands are experiencing rapid growth, with their global sales volume now surpassing established manufacturers like Ford. This surge is largely attributed to the increasing consumer demand for electric vehicles, where Chinese companies have made significant inroads.
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.
After a slower start to the year, global electric vehicle sales rebounded strongly in the second quarter, increasing by 35% compared to Q1. This significant jump led to new quarterly sales records being established in 50 different countries worldwide, signaling robust growth in the EV market.
Volkswagen Group is reportedly evaluating the closure of up to four factories worldwide as part of a major restructuring plan. This move comes as the automaker faces declining sales in key markets like China and the United States, prompting a re-evaluation of its global production strategy to adapt to evolving market demands, including the shift towards EVs.
