BRIEFLY: EU Sales, GM, Range Rover & more | 23 Jul 2026
Published: July 26, 2026
Duration: 4:16
EUROPEAN EV SALES JUMP 52% IN JUNE
European EV sales rose 52% in June, with volume models up 59% and premium models up 31%, pushing year-to-date growth to 35% overall. Tesla led the market with the Model Y and Model 3, while models like the Renault 5, Skoda Enyaq, and Leapmotor T03 showed strong gains, and BMW topped the slower-growing premium segment.
GM EV RESET COSTS $10.9 BILLION
GM’s shift away from aggressive EV expansion has now cost $10.9 billion, including a new $2.3 billion charge tied to reducing battery capacity and retooling factories for more petrol vehicles. The reversal follows weaker EV demand and missed targ...
European EV sales rose 52% in June, with volume models up 59% and premium models up 31%, pushing year-to-date growth to 35% overall. Tesla led the market with the Model Y and Model 3, while models like the Renault 5, Skoda Enyaq, and Leapmotor T03 showed strong gains, and BMW topped the slower-growing premium segment.
GM EV RESET COSTS $10.9 BILLION
GM’s shift away from aggressive EV expansion has now cost $10.9 billion, including a new $2.3 billion charge tied to reducing battery capacity and retooling factories for more petrol vehicles. The reversal follows weaker EV demand and missed targ...