Nouvelles

Used electric vehicle sales reached a record high in March, fueled by increased supply and rising fuel costs. Meanwhile, new EV sales lag due to reduced incentives and limited availability.

Higher fuel costs are accelerating global EV adoption, especially in Asia and Europe. However, reduced model availability and policy uncertainty are limiting growth in the U.S. market.

First-quarter 2026 saw a decline in new EV purchases due to expired incentives, while used EV sales surged. Expanding model variety, competitive prices, and high gas costs are boosting the pre-owned electric vehicle market.

January EU data shows EVs taking 19.3% of registrations despite a shrinking overall market. Renault and BYD posted strong gains, Tesla fell, and affordable models drove adoption.

Kia’s EV6 and EV9 sales have dropped sharply despite strong overall brand performance. This analysis explains how market headwinds, factory constraints, and competition from Hyundai are reshaping Kia’s EV strategy.

While Tesla struggled in larger EV markets, it nearly doubled sales in Japan by expanding physical showrooms and prioritizing customer education, showing how retail execution can unlock EV demand.

Global plug-in vehicle sales reached 20.7 million in 2025, led by Europe and emerging markets. The U.S. lost momentum after ending federal EV incentives, while China’s growth slowed and policy stability proved critical worldwide.