China's internal combustion engine (ICE) market crashed 42% in June as plug-in vehicles hit a record 63% market share. Europe crossed 1 million EV sales in the first half of 2026, while in the US, expensive electric trucks like the Hummer EV saw sales plunge 55%, forcing Ford to pivot toward a cheaper $30,000 model.

The Full Picture

China's ICE Meltdown Accelerates In the world's largest auto market, the transition from fossil fuels is no longer...