IEA: Global EV sales jump 35% in Q2 and 50 countries set records
Reported byInternational Energy Agency ↗·Sourced by Goodlede
Global EV sales jumped 35% in Q2 2026 from Q1, setting quarterly records in 50 countries. More than 90 countries recorded year-over-year EV sales growth in the first half of 2026, with Australia, Brazil, India, Korea, and Vietnam roughly doubling sales from March-June 2025. EVs now expected to make up 29% of all cars sold worldwide in 2026.
US EV demand has fallen sharply following the Trump administration's September 2025 elimination of federal tax credits. China's EV market is expected to stagnate year-over-year for the first time this decade, though more than 60% of new cars sold there are still projected to be EVs.
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