Conflict drives 35% EV sales rise

Electric vehicle sales experienced a significant increase of 35% during the second quarter of 2026, reaching record numbers in 50 countries. This surge occurred amid a sharp rise in fuel prices resulting from the war in the Middle East. Despite this overall growth, sales declined in China and America, where the cancellation of government subsidies in the U.S. and China's slowing economy led to decreased sales. Europe, however, recorded the highest growth rate of 30%. Electric cars are considered part of political responses aimed at enhancing energy security and reducing dependence on oil, with sales expected to grow by 10% over the year to account for 29% of global automobile sales.

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