Sales Plunge 30 Percent As Europe's Market Share Climbs To A Record High

Electric-vehicle sales in the United States fell 30.7% through the first nine months of 2026, after federal clean-vehicle tax credits ended early for several vehicles on September 30, 2025. EVs now represent just 6% of new-car sales in the US, down from 8.5% a year earlier. Meanwhile, Europe’s EV market has moved in the opposite direction: EV share hit a record 23.2% through September, with 150+ models on sale in the first half of 2026 versus roughly 100 in 2024. Analysts cite the broader lineup, incentives that remain in some countries, and higher fuel prices. In the US, hybrids gained, rising 23% and reaching 15.6% of total sales. Tesla’s US sales fell 14% through the first three quarters, less than the overall segment decline.