Science1 hOctober 5, 2026, 09:09

Global EV growth slows to 2% in first half of 2026

Global electric vehicle sales have moved past hypergrowth into consolidation, with year-over-year growth slowing to just 2% in the first half of 2026 after gains of roughly 25% in both 2024 and 2025. Automakers are increasingly diverging in their strategies.

Digitimes

Open source

Global EV growth slows to 2% in first half of 2026

EV sales grew just 2% year over year in H1 2026
Growth was around 25% annually in 2024 and 2025
The EV market has entered a consolidation phase
Automakers' strategies are starting to diverge

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Global EV growth slows to 2% in first half of 2026

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