There were 1.1 million electric vehicles (EVs) sold globally in February 2026 - an 11% year-on-year decline. The new data, from Benchmark Mineral Intelligence, shows that growth in the European EV market continues to be supported by subsidy schemes. It grew 1% month-on-month in February 2026, leaving the region up 21% year-to-date after the first two months of the year. Two of its largest markets, Germany and France, are leading the region’s growth, with the two markets up 26% and 30%, respectively. The EV markets in both countries are supported by subsidy schemes, with Germany introducing a new scheme at the start ... (full story)