Close Menu
    Egypt Mirror: Egypt reflected. Context revealed.Egypt Mirror: Egypt reflected. Context revealed.
    • Automotive

      Porsche to cut 5000 more jobs under restructuring plan

      July 28, 2026

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      FIA expands road safety program in Middle East and Africa

      May 1, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026

      2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

      January 30, 2026
    • Business

      Market Decline as Federal Reserve Rate Hike Odds Diminish

      August 15, 2026

      Global Electric Vehicle Market Shows 9% Growth in Sales During July 2026

      August 14, 2026

      South Korea Reports Record-Breaking Auto Export Figures for July

      August 14, 2026

      US and Europe tighten fuel supplies, causing diesel prices to climb

      August 12, 2026

      Gold extends rally for a third day ahead of US inflation data release

      August 11, 2026
    • Entertainment

      Ben Affleck AI remarks ignite Hollywood creative backlash

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Russian capital hosts 47th annual film festival

      April 18, 2025

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      WHO issues alert as Congo’s Ebola outbreak approaches record-breaking death toll

      August 15, 2026

      DR Congo Reports Over 1,900 Deaths Due to Ebola as Cases Continue to Climb

      August 11, 2026

      Chad Implements Emergency Measures Amidst Cholera Death Toll Reaching 13 in N Djamena and Hadjer Lamis

      August 8, 2026

      Belgian health authorities have quantified the impact of obesity on mortality for the first time

      August 8, 2026

      EU health organizations advocate for mandatory heat safety measures

      August 7, 2026
    • Lifestyle

      U.S. Polo Assn.’s fall-winter 2024 line inspired by Salt Lake City

      September 20, 2024

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Global luxury market contracts for first time since Great Recession

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Seismic Event Shakes Gilgit-Baltistan Near Sost, Prompting Response Measures

      August 14, 2026

      International Youth Day 2026 Emphasizes the Importance of Youth Inclusion and Engagement

      August 13, 2026

      Court Allows Over 3,000 Social Media Addiction Lawsuits to Proceed Against Meta and Others

      August 12, 2026

      China escalates flood response efforts following Typhoon Dolphin’s landfalls

      August 11, 2026

      Seismic authorities record a magnitude 5.0 quake southeast of Atka in Alaska

      August 10, 2026
    • Sports

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026

      Egypt reach World Cup Round of 16 with Australia shootout

      July 4, 2026

      Oyarzabal brace sends Spain past Austria at World Cup

      July 3, 2026

      Harry Kane lifts England into World Cup round of 16

      July 2, 2026
    • Technology

      UN Calls for Enhanced Protections for Children Online

      August 12, 2026

      Japan H3 rocket deploys Michibiki No. 7 into planned orbit

      August 12, 2026

      Court in New Mexico mandates Meta to allocate $567 million for youth mental health initiatives

      August 8, 2026

      OpenAI Expands Free ChatGPT Access with Deployment of GPT-5.6 Luna

      August 7, 2026

      WTO Hosts First Trade and Technology Day to Promote Inclusive AI Policies

      August 5, 2026
    • Travel

      Etihad sets December start for Abu Dhabi Gothenburg flights

      August 13, 2026

      South Korea Achieves Record-Breaking Tourism Surplus Post-Pandemic

      August 10, 2026

      Spain enforces temporary border checks for arrivals from Italy

      August 10, 2026

      flydubai expands flight frequency to Milan Bergamo and Naples to meet rising demand

      July 30, 2026

      Emirates and Crypto.com Launch Digital Wallet Payment Capability for Flight Bookings

      July 29, 2026
    Egypt Mirror: Egypt reflected. Context revealed.Egypt Mirror: Egypt reflected. Context revealed.
    Home » Global Electric Vehicle Market Shows 9% Growth in Sales During July 2026
    Business

    Global Electric Vehicle Market Shows 9% Growth in Sales During July 2026

    August 14, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    LONDON, UNITED KINGDOM / RankWire.AI / – Worldwide electric vehicle sales experienced a 9% increase year on year in July 2026, reaching a total of 1.85 million units. This growth contributed to a cumulative sales figure of 11.5 million vehicles for the first seven months of the year, representing a 4% rise compared to 2025. Benchmark Mineral Intelligence provided these latest figures on August 13, with data encompassing both battery-electric and plug-in hybrid vehicles. July marked the fifth consecutive month of annual growth in the global EV market after a sluggish 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.

    Among the major EV markets, Europe demonstrated the strongest expansion in July, with sales increasing 33% from the same month last year to approximately 450,000 units. Over the first seven months of 2026, the region’s EV sales grew by 28%. France saw an 81% year-on-year rise in July, achieving a 37% penetration rate for electric vehicles. Germany’s growth stood at 46%, while the United Kingdom experienced a 43% boost. Despite this, European EV sales in July were 17% lower compared to June.

    Throughout the first half of 2026, battery-electric cars continued to expand their market presence across Europe. Registrations for these vehicles reached 1.22 million across the European Union, accounting for 20.7% of all new car registrations, up from 15.6% during the same period last year. Plug-in hybrids contributed an additional 9.8% of registrations. Additionally, Spain launched its Auto+ electric vehicle subsidy program on August 4, offering subsidies of up to 4,500 euros for eligible new electric passenger cars.

    Europe experiences growth in July as China shows signs of contraction

    China maintained its position as the largest electric vehicle market globally by monthly volume despite experiencing a decline in July. Sales dropped 5% compared to the previous year, totaling around 980,000 vehicles. From January through July, Chinese EV sales were 12% below the same period in 2025. Nevertheless, electric vehicles still represented over half of China’s vehicle market during the first seven months. Furthermore, Chinese exports of new energy vehicles surpassed 500,000 units in July, setting a new monthly record.

    Contrasting the European trend, North American EV sales declined during July, with approximately 140,000 units sold, representing a 27% decrease from the same month last year. The first seven months of 2026 also saw an 18% reduction in sales. In the United States, July’s EV sales fell more than 30% year on year, following the expiration of federal purchase tax credits in September 2025. During the second quarter, U.S. EV sales had already declined 15% compared to the same period in the previous year.

    Distinct regional trends emerge in EV sales performance

    Markets outside China, Europe, and North America exhibited the highest percentage increase in July, with EV sales rising 97% year on year to about 280,000 units. While this growth boosted global volumes, two of the three largest regional markets, China and Europe, experienced declines on an annual basis. Nonetheless, China continued to account for more than half of all EV sales worldwide in July, with Europe making up roughly one-quarter, and North America remaining a significantly smaller component of the global market.

    The broader data for 2026 also indicates that electric vehicles are gaining a larger share of overall car demand. The International Energy Agency reported that during the first half of the year, EVs made up 24% of global car sales. In the second quarter alone, electric vehicle sales increased by 4% compared to the previous quarter and grew 35% from the first quarter. Despite an approximate 5% decline in global car sales during the same period, July’s 9% increase in EV sales contributed to a cumulative total of 11.5 million electric vehicles sold worldwide in 2026 thus far.

    Related Posts

    Market Decline as Federal Reserve Rate Hike Odds Diminish

    August 15, 2026

    South Korea Reports Record-Breaking Auto Export Figures for July

    August 14, 2026

    US and Europe tighten fuel supplies, causing diesel prices to climb

    August 12, 2026

    Gold extends rally for a third day ahead of US inflation data release

    August 11, 2026

    Denmark Achieves Decline in Inflation Rate to 1.7%, Core Inflation Remains Stable

    August 11, 2026

    Europe Implements Measures as Heatwave Threatens EU Economic Growth

    August 11, 2026
    Latest News

    Market Decline as Federal Reserve Rate Hike Odds Diminish

    August 15, 2026

    WHO issues alert as Congo’s Ebola outbreak approaches record-breaking death toll

    August 15, 2026

    Global Electric Vehicle Market Shows 9% Growth in Sales During July 2026

    August 14, 2026

    Seismic Event Shakes Gilgit-Baltistan Near Sost, Prompting Response Measures

    August 14, 2026
    © 2026 Egypt Mirror | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.