Britain’s new car market grew by 24 percent year on year in April, with electrified vehicles making up more than half of all sales, according to figures released Tuesday by the Society of Motor Manufacturers and Traders (SMMT).

China's BYD has sold its most expensive electric vehicle to date, with the Yangwang U9 Xtreme fetching nearly $3 million at the Beijing Auto Show.

New electric vehicle (EV) sales in France jumped 48 percent in the first four months of 2026, reaching 148,302 units, even as the broader automotive market continued to struggle, according to data released Friday by the French automotive industry body Plateforme automobile.

The Beijing Auto Show, which opened to the public this week, highlights how intense competition in China has pushed new car prices in the world’s largest auto market down to a fraction of those in the United States.

China’s Changan said on Tuesday that it aims to become one of the world’s top-10 automakers by 2030, while increasing its global sales by more than two-thirds, joining other Chinese carmakers setting ambitious expansion targets overseas.

Chinese electric vehicle (EV) maker Leapmotor announced on Monday that it expects to sell more than 4 million vehicles annually within the next decade, CEO Zhu Jiangming said.

China has announced a two-year work plan aimed at stabilizing and promoting growth in itsautomotive sector.

Germany’s struggling auto market saw a modest rebound last month, thanks to a surge in electric vehicle (EV) sales, according to official data released Wednesday.