Overview
- Rising gasoline prices and worries about oil supply from the Middle East drove a clear jump in EV shopping and sales in March.
- In Europe, March registrations rebounded, with Germany logging about 71,000 new EVs and Britain up 24% to a record 86,000.
- Australia’s secondary market heated up, with used EV sales more than doubling to 7,557 in March and Pickles reporting a 35% price rise for repairable cars.
- Chinese automakers expanded their reach, with March new‑energy vehicle exports up roughly 130% to about 371,000 and BYD topping consumer orders at Thailand’s late‑March motor show.
- The United States fell behind as Q1 EV sales dropped about 27% year over year after model cancellations, even as online searches and some brand sales showed fresh interest.