The National
  • Automotive
  • Business
  • Editorial
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • Sports
  • Technology
  • Travel
Home » Global electric vehicle sales rise 9% in July 2026
Business

Global electric vehicle sales rise 9% in July 2026

by thenational.net.in August 14, 2026
August 14, 2026
50

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.

0 FacebookTwitterPinterestEmail
previous post
U.S. Polo Assn. Takes No. 1 Spot for All Sports Brands and Climbs to No. 22 Overall on License Global’s 2026 ‘Top Global Licensors’ Ranking
next post
South Korea car exports set July high at $6.24 billion

You may also like

World Bank forecasts UAE economy to grow 5...

September 26, 2026

Developing Asia-Pacific economy set to grow 5% in...

September 24, 2026

Egypt remittance inflows reach $29.7 billion by July...

September 22, 2026

China holds 3% one-year LPR and 3.5% mortgage...

September 21, 2026

Gold prices decline on Federal Reserve rate decision...

September 17, 2026

UAE and India leaders advance trade and strategic...

September 14, 2026

Gold steadies near $4,400 with US inflation in...

September 10, 2026

Panama Canal could cut daily ship limit to...

September 9, 2026

Volkswagen sells Osnabrueck car plant to Aurelius and...

September 9, 2026

Egypt foreign reserves rise to record $57.2 billion

September 8, 2026

Latest News

  • World Bank forecasts UAE economy to grow 5 percent in 2026

  • Developing Asia-Pacific economy set to grow 5% in 2026

  • Abdullah bin Zayed joins Trump talks with regional leaders

  • Egypt remittance inflows reach $29.7 billion by July 2026

  • Typhoon Dujuan hits eastern Japan with heavy rain

  • China holds 3% one-year LPR and 3.5% mortgage benchmark

  • Gene could raise lung cancer risk 60 times in study

  • DR Congo Ebola outbreak shows progress amid uneven trends

Categories

  • ACCESS Newswire
  • Automotive
  • Business
  • Editorial
  • Entertainment
  • Featured News
  • Health
  • Lifestyle
  • Luxury
  • News
  • news aktuell
  • NewsDirect
  • PR Newswire
  • Sports
  • Technology
  • Travel
  • Uncategorized

News

Abdullah bin Zayed joins Trump talks with regional leaders
Typhoon Dujuan hits eastern Japan with heavy rain
Nepal floods leave 6,150 missing after nationwide review

Business

World Bank forecasts UAE economy to grow 5 percent...
Developing Asia-Pacific economy set to grow 5% in 2026
Egypt remittance inflows reach $29.7 billion by July 2026

Travel

Emirates enters winter season with strong booking momentum
Etihad sets October start for Abu Dhabi Saudi Red...
Indonesia airports restart after Anak Krakatau volcanic ash

Health

Gene could raise lung cancer risk 60 times in...
DR Congo Ebola outbreak shows progress amid uneven trends
Yankee Stadium tower tests positive in NYC Legionella probe
© The National | All Rights Reserved
  • Home
  • Contact Us
The National
  • Automotive
  • Business
  • Editorial
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • Sports
  • Technology
  • Travel