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Global EV sales rise 9% in April 2026 with Europe booming and China slowing

Market News
05 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

In April 2026, global electric vehicle (EV) sales increased by 9% year-on-year, reaching a 24% market share. Europe saw a strong growth of 35%, capturing 33% of the market, while China experienced a 7% decline, holding 61% share. The U.S. market dropped 36% to just over 6%. Chinese EV exports surged, with companies like BYD and Geely reporting significant overseas sales growth. This trend highlights shifting dynamics in the EV market, with Europe and other regions gaining momentum as China’s growth slows.

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