Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Modi launches Pune Metro projects worth ₹21,800 crore

    November 4, 2026

    MEAPMP Launches: Revamped Independent Ad-Tech & Premium Media Buying Across MEA

    November 3, 2026

    OMP Extends UnisonIQ with Agent Library and Agent Studio: AI Agents that Produce Executable Supply Chain Plans

    November 3, 2026
    Africa News MaxAfrica News Max
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    Africa News MaxAfrica News Max
    Home » Global electric vehicle sales rise 9% in July 2026
    Business

    Global electric vehicle sales rise 9% in July 2026

    August 14, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    LONDON, UNITED KINGDOM / RankWire.AI / – Global electric vehicle sales rose 9% year on year in July 2026 to 1.85 million units. The increase lifted worldwide sales for the first seven months to 11.5 million vehicles, up 4% from 2025. Benchmark Mineral Intelligence reported the latest figures on Aug. 13. Its data covers battery-electric and plug-in hybrid vehicles. July also marked a fifth consecutive month of annual growth in global EV demand after a weaker start to 2026.

    Global electric vehicle sales rise 9% in July 2026
    Global electric vehicle sales rose 9% year on year in July 2026 to 1.85 million units.

    Europe recorded the strongest growth among major EV markets in July. Electric vehicle sales rose 33% from a year earlier to about 450,000 units. The region’s sales increased 28% during the first seven months of 2026. France posted an 81% annual increase in July and reached a 37% EV penetration rate. Germany recorded 46% growth, while the United Kingdom reported a 43% increase. European EV sales were also 17% lower than in June.

    Battery-electric cars continued to gain market share across Europe during the first half of 2026. Registrations reached 1.22 million units across the European Union, accounting for 20.7% of new cars. The share stood at 15.6% during the same period last year. Plug-in hybrids accounted for another 9.8% of registrations. Spain also opened its Auto+ electric vehicle subsidy program on Aug. 4. The program provides up to 4,500 euros toward eligible new electric passenger cars.

    Europe leads July growth as China contracts

    China remained the world’s largest electric vehicle market by monthly volume despite a decline in July. Sales fell 5% from a year earlier to about 980,000 vehicles. For January through July, Chinese EV sales were 12% below the same period in 2025. Electric vehicles still accounted for more than half of China’s vehicle market during the first seven months. Chinese new energy vehicle exports also exceeded 500,000 units in July, setting another monthly record.

    North American electric vehicle sales moved in the opposite direction from Europe. The region recorded about 140,000 EV sales in July, down 27% from a year earlier. Sales were 18% lower during the first seven months of 2026. In the United States, July EV volumes fell more than 30% year on year. The comparison follows the September 2025 expiration of federal purchase tax credits. U.S. EV sales had declined 15% during the second quarter from a year earlier.

    Regional markets show sharply different EV sales trends

    Markets outside China, Europe and North America posted the fastest percentage increase during July. Electric vehicle sales in those markets rose 97% year on year to roughly 280,000 units. The increase added to global volumes while two of the three largest regional markets recorded annual declines. China still represented more than half of worldwide July EV sales by volume. Europe accounted for about one-quarter, while North America remained a substantially smaller part of the global electric vehicle market.

    Broader 2026 data also shows electric vehicles taking a larger share of total car demand. The International Energy Agency said EVs represented 24% of global car sales during the first half. Electric car sales rose 4% year on year during the second quarter and increased 35% from the first quarter. Overall global car sales fell about 5% during the first half. Against that backdrop, July’s 9% EV increase lifted cumulative 2026 global electric vehicle sales to 11.5 million units.

    Related Posts

    Indonesia posts $10.6 billion trade surplus on non-oil exports

    November 3, 2026

    Africa’s top banks build war chest for Kenya takeover deals

    November 3, 2026

    South Korea’s exports hit record $115.3 billion on chip boom

    November 2, 2026

    Kenya bets on new coffee varieties to boost production

    October 31, 2026

    Global EV registrations hit record 11 million in nine months

    October 30, 2026

    Oil prices rise as Brent climbs above $115 a barrel

    October 29, 2026
    Latest Headlines

    Modi launches Pune Metro projects worth ₹21,800 crore

    November 4, 2026

    MEAPMP Launches: Revamped Independent Ad-Tech & Premium Media Buying Across MEA

    November 3, 2026

    Abu Dhabi signs four OpenAI deals as Sheikh Khaled meets Altman

    November 3, 2026

    Indonesia posts $10.6 billion trade surplus on non-oil exports

    November 3, 2026

    UAE President and Bavaria’s Söder discuss expanding cooperation

    November 3, 2026

    Africa’s top banks build war chest for Kenya takeover deals

    November 3, 2026

    Apple iPhone Duo review: an engineering triumph for foldables

    November 2, 2026

    Bangladesh dengue deaths reach 418 after deadliest month of 2026

    November 2, 2026
    © 2026 Africa News Max | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.