EV demand across the globe surged in April as steep gas prices and uncertainty over the Iran war continued to drive a shift in consumer perception of internal combustion engine (ICE) vehicles.
EVs Decline In North America, Europe Posts Gains
Despite an uptick in registrations for EVs and plug-In Hybrid Electric Vehicles (PHEVs), Benchmark Mineral Intelligence data, cited by Reuters on Tuesday, showcased a 28% decline in registrations across North America to 120,000 units in April. Global registrations for EVs and PHEVs came in at 1.6 million, illustrating a 6% YoY jump from April 2025, the report said.
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