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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":844,"relatedVideos":845},208572311628170,"df926f63-3f32-47b2-87b9-811cbdf7acc8","Global EV sales reach 1.85 million units in July 2026 ","global-ev-sales-reach-1-85-million-units-in-july-2026","article/global-ev-sales-reach-1-85-million-units-in-july-2026",{"_uid":547,"date":548,"tags":549,"editor":565,"content":575,"excerpt":815,"featured":51,"reporter":816,"component":827,"seo_title":543,"categories":828,"visibility":832,"data_vis_image":833,"featured_image":837,"seo_description":841,"side_panel_banner":598,"formattedDate":842,"formattedArticleDate":843},"13302e38-dea7-4a6e-ab99-a8e649535a84","2026-08-13 00:00",[550,553,556,559,562],{"slug":551,"name":552},"ev-sales","EV Sales",{"slug":554,"name":555},"north-america","North America",{"slug":557,"name":558},"china","China",{"slug":560,"name":561},"europe","Europe",{"slug":563,"name":564},"data-visualisation","Data Visualisation",[566],{"slug":567,"name":568,"content":569},"matthew-bird","Matthew Bird",{"job_title":570,"image":571,"bio":573,"linkedin":574},"Senior Editor - Supply Chains & Data Visualisation",{"filename":572},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":576,"attrs":577,"content":578},"doc",{"backgroundColor":49},[579,591,606,645,667,688,696,706,715,737,745,753,760,768,776,784,791,799,807],{"type":580,"attrs":581,"content":582},"paragraph",{"textAlign":49},[583],{"text":584,"type":585,"marks":586},"Benchmark Mineral Intelligence, specialising in EV and battery supply chain research and insights, reports that 1.85 million electric vehicles (EVs) were sold globally in July 2026, bringing year-to-date (YTD) 2026 EV sales to 11.5 million. In July 2026, EV sales increased by 9% year-on-year (y-o-y).","text",[587],{"type":588,"attrs":589},"textStyle",{"color":590},"#000000",{"type":580,"attrs":592,"content":593},{"textAlign":49},[594,601],{"type":595,"attrs":596},"image",{"id":597,"alt":598,"src":599,"title":598,"source":598,"copyright":598,"meta_data":600},208575457202122,"","https://a.storyblok.com/f/287943243085208/1280x720/88621ee851/benchmark-july-ev-sales-data.jpg",{},{"text":602,"type":585,"marks":603},"Benchmark Mineral Intelligence Senior EV Analyst, George Whitcombe, commented: ",[604],{"type":588,"attrs":605},{"color":590},{"type":580,"attrs":607,"content":609},{"textAlign":608},"justify",[610,615,627,632,640],{"text":611,"type":585,"marks":612},"\"The global EV market continues to be defined by regional divergence. However, year-to-date EV sales growth increased ",[613],{"type":588,"attrs":614},{"color":590},{"text":616,"type":585,"marks":617},"yet again",[618,625],{"type":619,"attrs":620},"link",{"href":621,"uuid":622,"anchor":49,"target":623,"linktype":624},"/article/global-ev-sales-reach-2-0-million-units-in-june-2026","7ea59b86-3e26-4876-b812-8edc42a9c400","_self","story",{"type":588,"attrs":626},{"color":590},{"text":628,"type":585,"marks":629}," in July 2026 following the turbulent start to the year in both China and ",[630],{"type":588,"attrs":631},{"color":590},{"text":555,"type":585,"marks":633},[634,638],{"type":619,"attrs":635},{"href":636,"uuid":637,"anchor":49,"target":623,"linktype":624},"/article/is-the-us-clawing-back-its-ev-sales-share-","d92304a5-ccdb-4410-89e5-421b026cf502",{"type":588,"attrs":639},{"color":590},{"text":641,"type":585,"marks":642},". ",[643],{"type":588,"attrs":644},{"color":590},{"type":580,"attrs":646,"content":647},{"textAlign":608},[648,653,662],{"text":649,"type":585,"marks":650},"“",[651],{"type":588,"attrs":652},{"color":590},{"text":654,"type":585,"marks":655},"Europe’s legislative drivers",[656,660],{"type":619,"attrs":657},{"href":658,"uuid":659,"anchor":49,"target":623,"linktype":624},"/article/eu-electrification-action-plan-targets-46-electrification-by-2040-and-bess-buildout","8a8d2332-ede8-4bee-8fc2-54a47c7e6967",{"type":588,"attrs":661},{"color":590},{"text":663,"type":585,"marks":664}," and subsidies continue to support the strong growth in the region, with EV sales up 33% year-on-year. What stands out about Europe is the subsidy support currently available in its major markets that is enabling them to be prominent performers in terms of EV sales growth within the region. Highlighting the significant impact that consumer facing support has. ",[665],{"type":588,"attrs":666},{"color":590},{"type":580,"attrs":668,"content":669},{"textAlign":608},[670,675,683],{"text":671,"type":585,"marks":672},"\"",[673],{"type":588,"attrs":674},{"color":590},{"text":558,"type":585,"marks":676},[677,681],{"type":619,"attrs":678},{"href":679,"uuid":680,"anchor":49,"target":623,"linktype":624},"/article/china-to-end-vehicle-tax-exemption-for-plug-in-hybrids-and-range-extended-evs-in-2027","162037c0-1a1b-4581-9bfc-b41f2713a4cc",{"type":588,"attrs":682},{"color":590},{"text":684,"type":585,"marks":685}," resumed showing signs of recovery after its slow start to the year, with EV sales down just 5% year-on-year in July. However, manufacturers continue to turn to overseas markets after EV exports hit another record high in July. ",[686],{"type":588,"attrs":687},{"color":590},{"type":580,"attrs":689,"content":690},{"textAlign":608},[691],{"text":692,"type":585,"marks":693},"\"While the North American EV market showed a much more positive picture in Q2 than it did in Q1, July marked the return of more significant, negative year-on-year growth rates. With monthly sales now compared against the extraordinary ramp-up seen before the federal support for EV adoption in the US, by way of a tax credit, was removed at the end of September 2025.”",[694],{"type":588,"attrs":695},{"color":590},{"type":697,"attrs":698},"blok",{"id":699,"body":700},"7767b5bb-da9a-463c-b08b-e5f478746d96",[701],{"id":702,"_uid":703,"type":704,"component":705,"fixed_height":598,"use_fixed_height":50,"fixed_height_mobile":598,"fixed_height_tablet":598},"29957316","i-99b1813e-b63d-4218-adbb-8dfc5ddfa0f4","visualisation","ContentFlourish",{"type":707,"attrs":708,"content":710},"heading",{"level":709,"textAlign":608},2,[711],{"text":561,"type":585,"marks":712},[713],{"type":588,"attrs":714},{"color":598},{"type":580,"attrs":716,"content":717},{"textAlign":608},[718,723,732],{"text":719,"type":585,"marks":720},"The ",[721],{"type":588,"attrs":722},{"color":590},{"text":724,"type":585,"marks":725},"European EV market",[726,730],{"type":619,"attrs":727},{"href":728,"uuid":729,"anchor":49,"target":623,"linktype":624},"/article/ford-and-geely-partner-on-european-ev-production","4cba3d53-9c5d-439b-bdd4-0e577cb9ee31",{"type":588,"attrs":731},{"color":590},{"text":733,"type":585,"marks":734}," declined 17% m-o-m in July, which is reflective of the highly seasonal nature of its automotive market as it enters the mid-summer holiday lull it experiences in July and August. Regardless, the growth momentum that Europe has been building over the opening six months of this year continued, as EV sales grew 33% y-o-y. This pushed up the region’s YTD growth to 28%. ",[735],{"type":588,"attrs":736},{"color":590},{"type":580,"attrs":738,"content":739},{"textAlign":608},[740],{"text":741,"type":585,"marks":742},"High growth persisted in Europe’s larger automotive markets, many of which have experienced a return of an EV subsidy scheme over the past 18 months. France’s EV market saw exceptionally strong EV sales in July as sales rose 81% y-o-y, and it achieved a record penetration rate of 37%. Germany and the UK also experienced strong EV sales growth in July, with their EV markets growing 46% and 43% y-o-y, respectively.  ",[743],{"type":588,"attrs":744},{"color":590},{"type":580,"attrs":746,"content":747},{"textAlign":608},[748],{"text":749,"type":585,"marks":750},"Spain opened its new EV subsidy scheme, ‘Auto+’, on August 4, 2026, with applications able to be made retrospectively back to January 1, 2026. The scheme provides a maximum base subsidy of EUR4,500 (USD5,190) towards a new EV passenger car and replaces ‘MOVES III’ which expired at the end of December 2025. Spain’s EV market has experienced a strong start to the year, with sales up 34% YTD. The promise of an EV subsidy scheme that would be available retrospectively has helped support this growth. However, now the scheme is open for applications, the Spanish EV market could experience another wave of growth.  ",[751],{"type":588,"attrs":752},{"color":590},{"type":707,"attrs":754,"content":755},{"level":709,"textAlign":608},[756],{"text":555,"type":585,"marks":757},[758],{"type":588,"attrs":759},{"color":598},{"type":580,"attrs":761,"content":762},{"textAlign":608},[763],{"text":764,"type":585,"marks":765},"The contraction of the North American EV market deepened in July as EV sales declined 27% y-o-y, leaving the market down 18% YTD. This is underpinned by the US, following the weakening of its legislative and regulatory landscape at the end of 2025.  ",[766],{"type":588,"attrs":767},{"color":590},{"type":580,"attrs":769,"content":770},{"textAlign":608},[771],{"text":772,"type":585,"marks":773},"The US market had shown a more positive picture in Q2 than it had at any point in Q1. Over the course of Q2, the YTD picture had improved nearly 10 percentage points from -33% at the end of Q1 to -24% after Q2, with EV sales declining just 15% in Q2 2026 compared to the same period in 2025. However, July brought the return of negative y-o-y growth rates in excess of 30%, with sales now compared against the extraordinary ramp-up seen before the tax credit removal in Q3 2025. ",[774],{"type":588,"attrs":775},{"color":590},{"type":580,"attrs":777,"content":778},{"textAlign":608},[779],{"text":780,"type":585,"marks":781},"Canada has started allocating permits under its agreement with China that enables EVs made in China to enter Canada at a lower tariff rate than the previous 100% surtax. The first year of the agreement has a quota of 49,000 EVs, with permit allocation split into two six-month windows. The first window closes at the end of August and over half of the available 24,500 permits have been allocated, with 2,400 permits allocated in the first week of August.  ",[782],{"type":588,"attrs":783},{"color":590},{"type":707,"attrs":785,"content":786},{"level":709,"textAlign":608},[787],{"text":558,"type":585,"marks":788},[789],{"type":588,"attrs":790},{"color":598},{"type":580,"attrs":792,"content":793},{"textAlign":608},[794],{"text":795,"type":585,"marks":796},"The Chinese EV market continued showing signs of recovery after its slow start to the year. In July, EV sales were down 5% y-o-y; this helped improve the market’s YTD growth rate, which now sits at -12%. Further tax changes and potential revisions to China’s vehicle trade-in scheme in 2027 are partly helping to drive the recovery of the market.  ",[797],{"type":588,"attrs":798},{"color":590},{"type":580,"attrs":800,"content":801},{"textAlign":608},[802],{"text":803,"type":585,"marks":804},"Chinese NEV exports achieved another monthly record in July after more than 500,000 units were shipped overseas, as Chinese automakers increasingly turn to overseas markets to provide growth against the backdrop of their subdued domestic environment. ",[805],{"type":588,"attrs":806},{"color":590},{"type":580,"attrs":808,"content":809},{"textAlign":608},[810],{"text":811,"type":585,"marks":812},"Despite the decline in EV sales in China so far this year, its penetration rate has continued to increase with the total vehicle market experiencing a sharper decline in sales. In the opening seven months of 2025, China had a penetration rate of 48%. While China’s penetration rate is above 50% so far in 2026, with multiple months experiencing penetration rates above 60%.  ",[813],{"type":588,"attrs":814},{"color":590},"Benchmark Mineral Intelligence, specialising in EV and battery supply chain research and insights, reports that 1.85 million electric vehicles (EVs) were sold globally in July 2026, bringing year-to-date (YTD) 2026 EV sales to 11.5 million. In July 2026, EV sales increased by 9% year-on-year (y-o-y). ",[817],{"slug":818,"name":819,"content":820},"george-whitcombe","George Whitcombe",{"job_title":821,"image":822,"bio":824,"linkedin":825,"markets_covered":826},"Analyst - EV",{"filename":823},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article",[829],{"slug":830,"name":831},"ev","EV","public",{"id":597,"alt":598,"name":598,"focus":598,"title":598,"source":598,"filename":599,"copyright":598,"fieldtype":834,"meta_data":835,"is_external_url":50},"asset",{"size":836},"1280x720",{"id":838,"alt":598,"name":598,"focus":598,"title":598,"source":598,"filename":839,"copyright":598,"fieldtype":834,"meta_data":840,"is_external_url":50},208573371268948,"https://a.storyblok.com/f/287943243085208/7008x4672/cac1b010a7/electric-vehicle-purchase.jpeg",{},"Benchmark Mineral Intelligence, specialising in EV and battery supply chain research and insights, reports that 1.85 million electric vehicles (EVs) were sold globally in July 2026, bringing year-to-date (YTD) 2026 EV sales to 11.5 million.","Aug 13, 2026","13th August 2026",[],[],{"id":847,"uuid":848,"name":849,"slug":850,"full_slug":850,"content":851,"relatedArticles":855,"relatedVideos":856},120886048076734,"4b6fbcc0-7881-4fbb-92ee-06d1ed3f3cec","⚙️ Settings","settings",{"_uid":852,"component":850,"black_listed_email_domains":853,"_editable":854,"formattedDate":598,"formattedArticleDate":598},"8dcafbcc-28de-4388-a68e-6b41e24f31bb","direkt.se\nstreetwisereports.com\nalpha-sense.com\nafrica-energy.com\ntcs.com\nmm-markets.com\nsmr-premium.com\nsci99.com\nlondoncib.com\nyeb.com.br\nnewautomotive.org\nsina.com.cn\ngwstrategies.net\noliverwyman.com\ndazeinfo.com\ndataintelo.com\ninfyos.com\nevalueserve.com\ninsightwoo.com\ncrescendoanalytic.com\nipaglobal.com\nweare121.com\nzemek.com\nryancommodityinsights.com\nonyxsi.com\ncostmine.com\nnickhatchmining.com\naethoslabs.com\nmysteel.com\nbuzblox.com\nfutureproofconsulting.com.au\ncmgroup.net\noptelgroup.com\nberylls.com\nreputex.com\nnumber-three.net\nrobertdallison.com\nwsp.com\nafriforesight.com\npaydirt.com.au\nmetal.com\ninforma.com\nfelixstrategy.com\ncrisil.com\nantaike.com\nbatterymaterialsreview.com\nsrk.com\nglobaltrustgrp.com\nnapiermeridian.com\nprojectblue.com\nplutonic-rma.com\nrosaearth.io\ndrivesustainability.org\nminehub.com\nscsglobalservices.com\nLynxglobalintelligence.com\nsphera.com\nminespider.com\nc-resource.com\ntdi-sustainability.com\nkumi.consulting\nsc-insights.com\nkallanish.com\naboutenergy.co.uk\nenant.io\nopisnet.com\nacuitycommodities.com\nevinfocus.com\nsfa-oxford.com\ncrugroup.com\nwoodmac.com\nspglobal.com\nrolandberger.com\nrcsglobal.com\nnornik.ru\nlivista.energy\nihsmarkit.com\ncapitalightresearch.com\namegroup.com\ncapitalight.co\nsustainablelabs.io\ncommoditiesanalysis.co.uk\navicenne.com\nkearney.com\nnornickel.net\n5napier.com\nvoltility.net\ngf.com.cn\nhindenburgresearch.com\ndigbee.com\nadamasintel.com\nac-harvard.com\nsneresearch.com\ninventusbioenergy.com\nproactiveinvestors.com\nauroraer.com\nresourceworld.com\nbatteryline.com\norennia.com\nfastmarkets.com\nmsci.com\nbcg.com\nklinegroup.com\ndelta-ee.com\nskarnassociates.com\nricardo.com\ncleanhorizon.com\np3-group.com\naccenture.com\nporsche-consulting.com\numlaut.com\nadi-analytics.com\ncpmgroup.com\nilimarkets.com\nminviro.com\nmckinsey.com\ncicenergigune.com\ne4tech.com\nargusmedia.com\ndolbear.com\nerm.com\nlithium.org\nradiusq.com\ndigivla.com\njeri.co.jp\ntopology.com.tw\nsaurenergy.com\novaladvisory.com\ngsixenergy.com","\u003C!--#storyblok#{\"name\": \"settings\", \"space\": \"287943243085208\", \"uid\": \"8dcafbcc-28de-4388-a68e-6b41e24f31bb\", \"id\": \"120886048076734\"}-->",[],[],1786639303218]