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/daily ·22 JUL 2026 ·WEDNESDAY ·3 MIN READ ·7 STORIES

Europe surges, America stabilises, Honda exits

Europe's plugin share hit a fresh record while US Q2 numbers showed a market contracting but no longer collapsing — and Honda permanently pulled its only North American EV.

01 / The Day

WEDNESDAY 22 JUL 2026, ranked

07

EVs hit 25.6% of European new car sales in June

Plugin electric vehicles took 25.6% of June new car registrations across 17 European markets, with sales up nearly 40% year-on-year. Sweden reached 67% plugin share in Q2; Norway sustained 98.3%. The market is bifurcated by how aggressively individual countries subsidise the shift.

Why it mattersA 25% pan-European share sustained over multiple months is the threshold at which mainstream OEM strategy cannot credibly treat EVs as a niche.

US EV market down 21% year-on-year in Q2, but best quarter since credit expiry

US battery-electric vehicle sales reached 247,226 units in Q2 2026, a 20.5% decline from Q2 2025, but a 14.7% sequential increase from Q1 — the strongest quarterly result since the $7,500 federal tax credit expired. Analysts describe the market as stabilising.

Why it mattersA shrinking rate of decline, following a structural demand shock, is what market recovery looks like before it becomes one.

Honda permanently discontinues the Prologue in North America

Honda confirmed it is ending production and sales of the Prologue — its only battery-electric vehicle for North American buyers — with remaining inventory available through early 2027. The decision follows the expiry of the federal tax credit and the end of its GM battery supply arrangement.

Why it mattersHonda exiting its only North American EV entry is the latest data point in a 2026 model-lineup contraction that removes the variety of choice on which mass adoption depends.

NHTSA demands Tesla''s internal ''Radar Saves Us'' document in FSD crash probe

Federal regulators formally demanded a specific internal Tesla document as part of their investigation into Full Self-Driving system crashes in low-visibility conditions. The document focuses on the company''s decision to remove radar sensors from its vehicles.

Why it mattersThe radar removal decision is central to several ongoing FSD liability questions; a federal demand for the internal rationale document means regulators have moved from investigation to evidence collection.

EU electrification plan targets 46% by 2040 with vehicle-to-grid standardisation

The European Commission released its Electrification Action Plan, committing to 46% electrification of EU energy consumption by 2040 and prioritising vehicle-to-grid technology standardisation to reduce fossil fuel dependency and integrate EV fleets into grid balancing.

Why it mattersV2G standardisation at EU level creates the regulatory runway for EV fleets to function as distributed storage — a use case that changes the economics of both EVs and grid infrastructure.

Volkswagen ID Polo success confirmed; ID Cross unveiled amid 100,000-job-cut risk

Volkswagen reported early commercial success with its electric ID Polo and unveiled a new ID Cross model at the same event, even as the company faces potential workforce reductions of up to 100,000 amid intense Chinese competition.

Why it mattersVW delivering product wins and existential restructuring simultaneously illustrates the pace at which the European legacy auto industry must transform.

Xpeng X9 luxury electric people mover launches in Australia at $89,900

Chinese manufacturer Xpeng released pricing and specifications for the X9 — a seven-seat electric luxury people mover — in the Australian market at $89,900. It is the latest in a series of Xpeng product expansions beyond China and Europe.

Why it mattersChinese premium EVs entering Australia at competitive prices is the leading indicator of the European and North American market dynamic that trade policy is attempting to prevent.
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