Europe drives electric vehicle sales, while US and China slow down

EV sales in Europe rise 21% in February with subsidies; China imposes purchase tax and US retreats; Ford drops 70% year-to-date; global sales in the first two months fall 8%.

Global sales of electric vehicles show divergent movement between regions: Europe advanced, while China and the US retreated.

According to Electrek, Europe registered an increase of 21% year-over-year in February, driven by continuous subsidies, political support, and the abundance of low-cost Chinese brands.

However, China applied a purchase tax on EVs for the first time since 2014, and domestic sales fell, even with increased exports.

Meanwhile, the US, which practically ended support for EVs, saw a sharp decline: EV battery sales fell 70% year-to-date.

Overall, global sales in the first two months of 2026 fell 8% compared to the same period last year.

Context and Implications

The picture suggests a polarization of demand: Europe continues to advance, supported by public policies, while China and the US face regulatory and macroeconomic hurdles.

Which factor do you think will have the greatest impact in the coming months: subsidies in Europe, taxes in China, or the signaling of support in the US? Share your opinion in the comments.