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Global EV Sales Dip 8% Amid Mixed Regional Trends

3/16/2026

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Story summary
  • Global EV sales fell by 8% in the first two months of 2026.
  • Europe saw a 21% year-on-year increase in February, driven by subsidies and policy support.
  • China experienced a decline in domestic EV sales due to a new purchase tax, although exports rose.
  • Ford Motor Company saw battery electric vehicle sales fall 70% in 2026 after the reduction of EV support.