16-June-2026
Corporate News
 
Global EV Registrations Rise 3% Globally in May, BMI Data Shows
16-Jun-2026

Global demand for electric vehicles rose for a third straight month in May, as subsidies and high petrol prices continued to drive the transition away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed on Wednesday. Registrations of new battery-electric vehicles and plug-in hybrid electric vehicles rose 3% from a year earlier to around 1.8 million in May, a proxy for sales, pushing the total 0.9% higher than last year for the first five months of the year, BMI said.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-15/global-ev-registrations-rise-3-globally-in-may-bmi-data-shows