Global EV sales forecast to reach 23 million in 2026 as Europe climbs 30 percent and charging investment accelerates
By Eve
The International Energy Agency expects global electric car sales to rise around 10 percent in 2026 to 23 million vehicles, capturing a record 29 percent of worldwide car sales, despite a 5 percent decline in overall automotive sales during the first half of the year. Europe led growth with a 30 percent year on year increase in the first half of 2026, adding 140,000 EVs in Germany, 100,000 in the UK and 95,000 in France, while China saw electric car sales fall almost 20 percent. More than 9 million electric cars were sold globally in the first half of 2026, with second quarter sales jumping 35 percent from the first quarter and 4 percent year on year, as EVs represented 24 percent of global car sales.
Why it matters
The continued shift to electrification even as overall car purchases decline signals sustained demand for charging infrastructure across Europe, India and Latin America, where procurement pipelines and CPO investment are likely to accelerate. The 30 percent European sales surge and forecast 29 percent global EV penetration by year end will intensify pressure on networks to expand capacity and win new site contracts.
Source
- Original title
- “Global EV Sales Set to Reach 23 mn in 2026 as Europe, India and Latin America Surge, Charging Investment Accelerates”
- Published
- 30 July 2026
In this story
- Topic
- Electric Vehicles
- Places
- Global · Europe · India · Latin America
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