This is from InsideEV's, " The March sales numbers are in, and it’s becoming clear that higher gas prices are already changing the equation for EV shoppers around the globe. But the shift isn’t playing out in the same way everywhere.
“We see from basically every indicator we can find that people are more interested than ever in EVs,” Colin McKerracher, the head of clean transport at BloombergNEF, told me. “And in the places where that supply is available, primarily from the Chinese automakers, to meet that demand, sales are going through the roof.” Southeast Asia and Australia are great examples, he said, as regions that have lots of Chinese EVs on offer and are highly dependent on oil coming out of the Persian Gulf. Singapore-based investor and energy researcher Alex Turnbull has been calling dealers selling BYDs and the like around Asia, he said on the “Odd Lots” podcast <https://elinkde0.critical.insideevs.com/ss/c/u001.EGIYf0yPmqg97s-83jaXemXSDhgKCt8GgxrHEmz1GNObSJCQKBKDVjX8WWnkQwHObdy-R-EjxrwRatYPGTlPa2RL-rX-sE8bw3R3DNY9FYyeroJTZIyR3WsePwXxDQ6GH0E5V0Ukmg8kYv_eNtYQkI8s9YLuYlwV_FPNlKUEsta2doCIruPhMM1m_voHhwz1gn-AL7-dS5vxS8VWtCHNo51aZA1UTtLVUWtXeA0iCgvgSsVz2UfTDSKGzX87b8HJ14vXR-zDeeZqsvYf5ThCvx8bc3heUE078PsP4UtlKHrKNGMsISF-T4UpIZCrcDGPsD4XIUcZbd-4jvspsbME-PzZNFWnjxJT0FmabMNqhuTiw8Fn4Whxn9rIVFHUZ5Ov/4pv/Gs6hlERwTEyNRNxUbb54Cw/h2/h001.F_3SGuwMVJyG24D5y2HnW9nlFAHAOwjR6AZnY4QWH4Y> this week. EV supply is down to single days and some cars are backordered, he said, amid a “staggering acceleration in EV adoption.” In Europe, March was a record month for sales of both pure EVs and plug-in hybrids, according to from Benchmark Mineral Intelligence. Sales of plug-in vehicles rose 72% month over month and 37% year over year, the firm said, buoyed by both new government subsidies and rising fuel prices. Contrast all of that with what’s happening in the United States. Gas prices have soared above four bucks a gallon nationwide, but a severe pullback from carmakers may have left the country’s EV market on the back foot at precisely the wrong time. “I'm a bit concerned for the U.S. market,” McKerracher told me, “in the sense that we may be at the point where something is really pushing consumer demand, but there isn't the supply to respond due to canceled models and a general pullback from the automakers.” Car companies have reacted to the policy whiplash wrought by the Trump administration and Congress by yanking electric models left and right. In the first quarter, U.S. EV sales fell by 27% year over year and by 8% from Q4, according to Cox Automotive. In March, North American plug-in car registrations landed at 121,500 units, according to Benchmark data cited by *Reuters <https://elinkde0.critical.insideevs.com/ss/c/u001.AzG4cx277SshboLEH1lHmn5rA2vz8keLvGDSCJqdPelbZTFhaHP9LRJKcui6-OCJcKIMldPtUjplRsSjLPxnyTyJ12cFXO3g83XgM-K1oNVff7jKI7BYQayCFsauhfemTcj9N4INVk3nL-Gkm0r9Gl7FJaHnDNseYKE9m4wnRHj3ADIPfsUehltJ-3z3biWAHKW2n24xc3PgyEVvQS9nQDgawwd_iKawWw-qJ4ZZSd4OnX2D-5AF4CLd-dIGRzS0J0KlpSu4pAA7PHYGmuAkpQGHPL7_0d8EpYlCtxEqxLoHHbMV9o-HAPb37EBxKHVWSvRv7UNWHFAjcszfehs2wsjS8mPhBq9ChJJzkV92LYaUGiylebma3GhzTJUQ3pTf/4pv/Gs6hlERwTEyNRNxUbb54Cw/h3/h001.dnIidCQWth8VD36p-3VltDQXGEhOoY01NdICv0ckdPY>*. That’s the highest monthly figure since the tax credit ended in September, but also a 30% drop from March of 2025 and the sixth month in a row of year-over-year declines. There are signs that the fuel shock is making its mark on American consumers. Vehicle marketplaces like Cars.com and Edmunds have reported sharp increases in searches for EVs. Hyundai’s CEO said <https://elinkde0.critical.insideevs.com/ss/c/u001.N-dlPXSBKg_PYMNK54zw4YHzjby6W97cE0OXPHaLis0FZzu4UvooZR16jBumTqf5z9Bw29pyE3f1yj3XwQeOoooJzh2Kvh07H44WypXWmiBI--FIppLrIqh5ICZZGwji9FAoLk6tJ7gO-Og99D4OBbaDmivCbEfOJG-nloX2t4EvlSloEzOsOR7RT4MrsyZTJ0jLPF0kVwk8hZ9X9xLYmDHRIY60WnXAS9Xg7-A0-W61ICBRyxYvz6pH5cII4M4EpBDqCNTF-1nIDasqNN76olKHC0s3rztDOvfBKHYPVtj6UMLLBdyXpVVjVhjZ1iVe/4pv/Gs6hlERwTEyNRNxUbb54Cw/h4/h001.N7ZXvzUr-SCjNd7VWlaEMqQO0Uif3CM8CV5ns05h_Kg> the company saw a 40% jump in electric sales from February to March. But shoppers on the fence will see fewer new electric options to choose from at dealerships than they otherwise would have. In recent months, car companies have shifted focus toward combustion vehicles and canceled numerous battery-powered models. The Volvo EX30, Acura ZDX, and Ford F-150 Lightning are all gone, to name a few. Three planned models from Honda were pulled at the last minute. And at the end of the day, McKerracher said, “consumers can’t buy a car they can’t find.” On Fri, Apr 17, 2026 at 8:30 AM Darryl McMahon via EV <[email protected]> wrote: > Hi David, > > this is recent news in Canada. > > https://www150.statcan.gc.ca/n1/daily-quotidien/260416/dq260416a-eng.htm > > New motor vehicle sales, February 2026 > > Released: 2026-04-16 > > There were 124,004 new motor vehicles sold in Canada in February, > decreasing 0.9% from February 2025. In dollar terms, sales remained > relatively stable, decreasing less than 0.1% in February 2026 compared > with one year earlier. Over the same period, sales of new passenger cars > fell by 3.8%, while sales of new trucks (-0.5%) saw a smaller decline. > > On February 16, 2026, the federal government launched the Electric > Vehicle Affordability Program, providing incentives of up to $5,000 for > battery electric vehicles and $2,500 for plug-in hybrid vehicles to > support emissions reduction. In the same month, 12,626 new zero-emission > vehicles (ZEVs) were sold, an increase of 47.2% from one year earlier. > New ZEVs comprised 10.2% of total new motor vehicles sold, compared with > 6.9% in February 2025. > > =========End quoted material==================== > > Box score: total light vehicle sales DOWN 1% YOY. EV sales were UP 47% > YOY for the same period (Feb. 2026) EV sales were about 10% of total > vehicle sales. > > With the prospect of up to 50,000 Chinese-origin EVs to be available in > Canada in the next year, that could also boost sales numbers. > > Darryl > > On 2026-04-17 12:53 a.m., [email protected] wrote: > > Message: 7 > > Date: Fri, 17 Apr 2026 06:50:14 +0200 > > From: "List Lackey"<[email protected]> > > To:[email protected] > > Subject: [EVDL] EV sales increase? > > Message-ID:<[email protected]> > > Content-Type: text/plain; charset=US-ASCII > > > > Just wondering if anyone has evidence of a recent increase in EV sales > in the > > US. Sales fell pretty sharply after the tax credit was nuked. > > > > I've read that the big leaps in petroleum prices - and in some places > > outright shortages - caused by the mideast mess are boosting EV sales > > everywhere in the world. But none of the articles has cited any real EV > sales > > data. > > > > One possible exception is this piece > > > > https://insideevs.com/news/793207/hyundai-ceo-evs-gas-prices-march-2026/ > > > > ... or maybe not, since lots of factors can affect EV sales. > > > > So far I've seen no official reports from the EU either, though I've > picked > > up a few anecdotes. In the last 2 weeks we've had more people ask us > about > > our EV than in about the last 6 months. > > > > I've also noticed that the used EV stock at the Renault dealer in the > next > > town over is way down. Six months ago they had a couple dozen off-lease > EVs > > waiting for buyers, who were mostly lining up at the new-car desk for the > > fast-selling new R5 retro-EV. Now they're down to their last Dacia > Spring, > > still a pretty decent deal at under 10k euros for a 2023 model with 23k > km on > > the odo. > > > > Have you noticed anything similar in the US? > > > > David Roden, EVDL moderator & general lackey > > > > To reach me, don't reply to this message; I won't get it. Use my > > offlist address here :http://evdl.org/help/index.html#supt > > -- > Darryl McMahon > Independent Project Manager (sustainable systems) > > > > > -- > This email has been checked for viruses by Avast antivirus software. > www.avast.com > _______________________________________________ > Address messages to [email protected] > No other addresses in TO and CC fields > HELP: http://www.evdl.org/help/ > OT: If you use an Android device, please read https://keepandroidopen.org/ > -------------- next part -------------- An HTML attachment was scrubbed... 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