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The U.S. Environmental Protection Agency (EPA) has published the official range ratings for the Tesla Model Y L Premium AWD, and they exceed Tesla’s original figures in the configurator. Particularly striking is the small loss of range when switching from 19- to 20-inch wheels. This makes the stretched, three-row Model Y look more efficient than many had expected.
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Norway set a new record in August, with EVs accounting for 98.7% of new registrations, making the market virtually all-electric. Volkswagen leads the brand ranking, while the VW ID.4 tops the model chart. Tesla had a notably weaker month, while Toyota, Xpeng and BYD posted strong gains.
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In the first half of 2026, BYD generated more revenue outside China than in its home market for the first time, driven by rapidly rising international sales. At the same time, group revenue and net profit declined, while margins improved thanks to the international business. Expansion in Europe, Southeast Asia and Latin America is therefore becoming even more strategically important for BYD.
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Almost half of UK drivers would now consider a Chinese manufacturer for their next purchase, significantly more than in 2025. The main drivers are value for money, expectations of discounts and rapidly growing brand awareness. At the same time, this reflects sentiment rather than a commitment to buy, and the UK market differs notably from the EU because it has not imposed additional tariffs.
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China’s automotive industry now launches more than 3.6 new models per day on average, with over 542 new vehicles arriving in the first five months of 2026. But this flood of models does not automatically translate into genuine demand: many vehicles sell strongly only briefly before sales collapse. For Europe, this means more choice, but also fiercer price competition and a more aggressive shakeout among brands.
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Nio delivered 35,836 vehicles in August, a significant increase year over year but slightly fewer than in July. While the core Nio brand is growing strongly, secondary brand Onvo continues to lose ground—and that is likely weighing more heavily on investors right now than the overall figure.
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Tesla is bringing the more affordable Model 3 Rear-Wheel Drive to Hong Kong and Macau, significantly lowering the barrier to entry. The price advantage comes from pared-back equipment and reduced charging power, while key figures such as range and efficiency remain largely intact.
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Zeekr delivered 36,981 vehicles worldwide in August 2026, setting a monthly record for the fifth consecutive time. Year-to-date deliveries total 251,188 vehicles, roughly twice as many as in the previous year. The main drivers are the 7X SUV and fresh momentum from the 9X, which is now also being exported.
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NIO’s Onvo brand reports 110,000 L60 SUVs delivered, just under 23 months after the first deliveries began. Sales picked up again in August after remaining well below the previous year’s level so far in 2026. At the same time, the June update, featuring a 900-volt platform, battery swapping and new driver-assistance options, is intended to keep the L60 competitive in the Model Y segment.
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Voyah significantly increased revenue and deliveries in the first half of 2026, yet still fell back into the red. The main reason was declining profitability as raw material and component prices rose amid intensifying competition. At the same time, Dongfeng’s premium brand continued to advance new models, its charging network, and international expansion.
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As things stand, Kia is not planning a sporty GT version of the small EV2 electric SUV in the near future. Instead, the GT-Line remains purely a styling and equipment package, while the true performance range appears to be focused on more expensive model lines.
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Porsche is reshaping its EV strategy because demand, costs, and market dynamics in China no longer align with its previous plans. The Taycan is under particular scrutiny, while the Macan Electric and new Cayenne Electric are expected to carry the brand’s electric future.
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In the US, Tesla Model S and Model X registrations rose significantly in the first half of 2026, apparently because many buyers wanted to secure one before production ended. At the same time, Tesla’s lineup is undergoing a clear shift: the Model Y accounts for the majority of registrations, while the Model 3 and Cybertruck are declining noticeably.
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BYD reports declining revenue and significantly lower profit for the first half of 2026, despite strong growth in its international business. Its gross margin even improved slightly, but weaker NEV sales in China and currency losses weighed on earnings. At the same time, BYD continues to invest heavily in research and development and has improved its operating cash flow.
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Germany’s public charging network continues to grow steadily, with particularly strong momentum in DC fast-charging and high-power charging (HPC) points. Meanwhile, ad-hoc prices currently remain stable, and the gap between AC and DC is narrowing. Utilization data clearly shows where the real activity is today: fast DC charging.
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According to internal plans, Volkswagen is considering a phased sequence of “End of Production” dates for several German plants from 2031 onward. The reasons include insufficient production volumes, excess capacity and plans to move future successor models to other sites. This is particularly sensitive for regions such as Zwickau and Emden, where thousands of jobs depend directly and indirectly on the plants.
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Rivian will part ways with CFO Claire McDonough in fall 2026, when she leaves the company after nearly six years. Finance VP Derek Mulvey will take over on an interim basis while Rivian searches for a permanent successor. The change comes as Rivian must secure the production ramp-up of the new R2 as a driver of growth.
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BMW reports that it has delivered two million all-electric vehicles since the i3 launched in 2013. The milestone vehicle, an i5 M60 xDrive, rolled off the production line in Dingolfing, while the Neue Klasse is providing noticeable momentum in Europe. In the first half of 2026, around one in four BMW vehicles sold in Europe was already fully electric.
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The MG 07 has made a lightning-fast start in China, surpassing 10,000 binding orders in under two minutes. The high proportion of long-range versions stands out, prompting MG to ramp up its supply chain early. For Europe, this is primarily an indication of just how intense the pricing pressure and pace of development in China’s electric sedan segment have become.
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Volkswagen is providing more detail on its cost-cutting plans and raising the possibility of eliminating up to 100,000 jobs worldwide, in addition to reductions already agreed through 2030. Particular attention is focused on four German plants employing around 40,000 people in total, with no confirmed production allocation from the early 2030s onward.