13-August-2026
Corporate News
 
Global EV Sales Rise in July as Europe Offsets Weakness in China and North America
13-Aug-2026

Global demand for electric vehicles rose for a fifth consecutive month in July, driven by robust growth in Europe while sales weakened in China and North America, data from consultancy Benchmark Mineral Intelligence showed on Thursday. Sales of battery-electric and plug-in hybrid vehicles rose 9% from a year ago to 1.85 million units in July, bringing year-to-date volumes to 11.5 million vehicles.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-12/global-ev-sales-rise-in-july-as-europe-offsets-weakness-in-china-and-north-america