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North America Sees Sharp Decline in EV and PHEV Sales Amid Global Growth

While Europe experiences record sales of electric vehicles and plug-in hybrids, North America faces a significant downturn, losing over a quarter of its buyers.

Editorial StaffMay 14, 20261 min read

Recent reports indicate that global sales of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) are on the rise, particularly in Europe.

In stark contrast, North America has experienced its most significant decline in years, with over a quarter of its buyers disappearing from the market.

Meanwhile, China continues to focus heavily on exporting its electric vehicle offerings, further shaping the global landscape.