When Joe Biden and Democrats got control of the White House and Congress, they revived and extended the $7,500 EV tax credit, with some new stipulations but also very inclusive loopholes. In short, Americans were incentivized to buy more new EVs. Then, Donald Trump and Republicans took over and killed … [continued]
Plugin vehicle registrations were down 11% year over year (YoY) in February, ending the month close to 1.1 million units. Both BEVs (-8% YoY) and PHEVs (-16% YoY) had sales drops. This is the worst drop since the COVID-19 era, but there is one easy explanation for this — incentives. … [continued]
BEVs reach 20% market share! EVs are picking up in Europe, with some 295,000 plugin vehicles being registered in Europe in February, 196,000 of them being BEVs. Overall, plugin vehicles were up 22% YoY. The overall market also had a positive month in February, rising 2% YoY to one million … [continued]
Continuing its 2026 trend, BYD had another down month in terms of year-over-year vehicle sales. Only one segment of its vehicle sales saw growth (and it was significant growth). To start with, let’s jump into the passenger vehicle sales. Note that for each chart or graph, I’m including a static … [continued]
Sometimes when doing my EV sales reports, I wonder if I shouldn’t make them shorter and more data driven, with less talk. Will most people actually read the whole thing, or go directly to the graphs and that’s it? That is why I avoid adding more content to them, or … [continued]
After the usual December EV record sales peak in China, which coincided with an end-of-incentive sales rush (NEVs are no longer exempt from purchase tax this year), and adding to the Chinese New Year happening in February, EVs had an expected sales slump, down by 32% — which sounds like … [continued]
I just read Zach’s “Are Gas Prices Going Up?” and it was a curious coincidence that I had just finished this conversation with my uncle, who is from New York. An accountant and financier by trade, he made the postulation that the average increase would be between $0.27 to $0.35 … [continued]
Big Players down, Hot Startups up Plugin vehicle registrations were down 6% year over year (YoY) in January, ending the month close to 1.2 million units. Both BEVs (-4% YoY) and PHEVs (-8%) had sales drops. This is a rare occasion where plugin sales are down in both powertrains, but … [continued]
The European passenger plugin vehicle market scored 298,000 registrations in January, a progression of 22% YoY. Positively, BEVs (195,000 units, +16% YoY) continued to grow despite the drop in EV incentives in certain markets. But the highlight of the month was plugin hybrids (PHEVs), as they jumped 33% year over … [continued]
Continuing on the trend for much of the Chinese EV market in 2026, and even increasing it a bit compared to the tough month of January, BYD’s sales crashed in February year over year. Larry Evans wrote a great piece last month on potential reasons or explanations for the sales … [continued]
