Global pure electric vehicle sales growth is expected to slow significantly in 2026: China's electric vehicle penetration rate will reach 67%, but demand growth will slow considerably; the US will have the weakest demand, with penetration rates failing to increase; Europe is the strongest pure electric vehicle market this year, with penetration rates growing by 11% in 12 months. Analysts believe that once a market's new energy vehicle penetration rate reaches over 70%, the remaining space for high-speed growth relying on replacing gasoline vehicles will significantly narrow.
