1、Electric Vehicle Sales Review Q1 2026Foresight to drive the industryMay 2026Strategy&This publication has been developed in collaboration between Strategy&,PwCs global strategy consulting business,alongside PwC Autofacts automotive industry and function experts.Together,we transform organizations by
2、 developing actionable strategies that deliver results.At PwC,our purpose is to build trust in society and solve important problems.Were a network of firms in 136 countries with almost 364,000 people who are committed to delivering quality in assurance,advisory and tax services.Find out more and tel
3、l us what matters to you by visiting us at .PwC refers to the PwC network and/or one or more of its member firms,each of which is a separate legal entity.Please see for further Strategy&Electric Vehicle Sales ReviewSource:PwC Autofacts analysis3Executive summaryTotal Q1 2026 BEV sales in the top fiv
4、e European markets increased by more than a third year on year+30%BEV sales growth in France,Germany,Italy,Spain and UK combined in Q1 2026 vs.Q1 2025BEV sales in all analyzed markets decreased by 1%,while the total market dropped by 5%in the first quarter of 2026 in comparison with the equivalent p
5、eriod last year.However,these overall results disguise a mixed state of affairs.In the top five European markets,BEV sales grew by more than a third(36%)year on year(YoY),while the BEV market share was the highest for any first quarter on record(19%).Strong BEV sales performance in France and German
6、y,up by 50%and 41%,respectively year on year,was boosted by the renewal or reintroduction of purchase incentives.PHEV sales in the top five European markets also rose sharply in the first quarter,up by 42%year on year.The UK recorded the highest number of PHEV unit sales,with the market growing by 4
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