European EV sales reach record highs in 2026

European electric vehicle sales hit record volumes in the first eight months of 2026 as affordable new models entered the market. The growth helps carmakers meet strict EU emissions targets amid rising conventional fuel prices.

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FILE PHOTO: Tesla electric vehicles are pictured at one of the company's delivery centers in Valenton, near Paris, France, April 24, 2025.

European electric vehicle sales rose 45% year-on-year to 1.64 million units through August. The surge follows a 50% expansion in affordable model availability. The shift helps automakers meet strict EU emissions mandates and avoid regulatory penalties.

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