Drooid Logo
Back to today’s briefing

Story perspectives

Global EV Registrations Drop 3% Amid Subsidy Cuts

2/13/2026

50 12 Full Breakdown

1 of 1

Story summary
  • Global EV registrations fell 3% year-on-year to about 1.2 million in January 2026, as subsidies wane in China.
  • China EV and hybrid sales fell 20% to 596,000 in January 2026.
  • The U.S. EV market fell 33%, the lowest since early 2022.
  • Europe grew 24% in EVs, while the rest of the world posted a record increase due to incentives in Thailand and South Korea.