The International Energy Agency (IEA) released data showing global electric vehicle (EV) sales rose 35% year-over-year in the second quarter of 2026, with record sales achieved in 50 countries. The surge is driven by multiple regional markets, signaling sustained demand across the EV supply chain, including battery cells, raw materials, and charging infrastructure.
This means manufacturers and B2B buyers must respond to accelerating adoption by adjusting regional production plans and inventory strategies. Stronger demand in emerging markets and established EV hubs alike suggests that supply chain diversification and localized sourcing will be critical to remaining competitive.
Source: IEA data reported by Electrek on July 29, 2026. Original article: https://electrek.co/2026/07/29/477795/
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