Overview
- Australian industry data released Tuesday show battery‑electric vehicles reached a record 14.6% share in March, with 15,839 sales, as combined EV and plug‑in hybrid deliveries hit about 22.2% of the market during a fuel shortage and price surge.
- The UK logged its best month on record for battery‑electric cars in March with 86,120 registrations, part of 196,059 electrified vehicles overall, while trade body SMMT warned EV market share is still below the 2026 zero‑emission mandate target and urged a policy review.
- India’s dealer federation reported Tuesday that FY26 EV retail sales rose about 24.6% to 24.52 lakh units, with electric passenger cars up 83.6% year on year to nearly 2 lakh, as two‑ and three‑wheelers continued to drive volume.
- In the United States, Cox Automotive data reported Monday show used EV transactions rose about 12% year on year in Q1 as the average used EV price fell 8.5% in February to $34,821, even as analysts estimate new EV sales slumped roughly 28% in Q1 after federal purchase incentives ended.
- Trade groups in Australia and the UK say the surge will fade without more public chargers and clearer rules, while a wave of off‑lease vehicles and rapid expansion by Chinese brands such as BYD are reshaping price and product competition for buyers.