The global EV story and the American EV story have decoupled. The IEA’s Global EV Outlook 2026 shows worldwide electric car sales climbing toward roughly a third of all new vehicle sales this year, while the US is described bluntly as falling behind the global boom. The US-specific shock. Last July’s One Big Beautiful Bill Act eliminated penalties for automakers missing fuel efficiency standards, removing a key incentive to sell EVs, and terminated federal tax credits for new and used EV purchases after September 2025.

For operators and fleet planners, the “what replaces oil” question isn’t theoretical anymore — it’s a purchasing decision being made right now, and the transport sector is splitting cleanly by vehicle class rather than converging on one winner. Passenger and light-duty: battery electric has already won Global electric car sales exceeded 20 million in 2025, reaching about 25 percent of total car sales, and the IEA expects that share to climb to roughly 28 percent in 2026.

A subtle but meaningful shift is emerging from Brussels around one of Europe’s most symbolic transport policies. According to discussions now circulating at the level of the European Commission, the long-promised 2035 cutoff—intended to end the sale of new cars with CO₂-emitting combustion engines—may no longer be treated as a hard edge. Instead of an absolute stop, policymakers are considering a framework that would allow carmakers to continue producing a limited number of petrol and diesel vehicles beyond that date.

AutoMobility LA is set to take place on Thursday, November 21, 2024, marking a significant event for automotive industry professionals, tech enthusiasts, and innovators. This event serves as a precursor to the LA Auto Show, providing a dedicated platform for the latest advancements in automotive technology, from autonomous vehicles and electric cars to cutting-edge mobility solutions. Attendees can expect to witness a series of keynotes, panel discussions, and product unveilings that highlight the future of transportation and mobility.

GreenPower Motor Company Inc., a prominent manufacturer and distributor of all-electric, zero-emission medium and heavy-duty vehicles, has announced its financial results for the fiscal year ending March 31, 2024. Despite challenges in the EV sector, the company achieved significant progress, recording revenues of $39.3 million, closely matching the previous year’s $39.7 million. GreenPower’s Chairman and CEO, Fraser Atkinson, emphasized the company’s strategic shift towards a customer order-driven production model, necessitating enhancements in manufacturing capabilities in both California and West Virginia.