Subsidies Are Re‑Routing the EV Market

Early‑2026 sales show Europe selling over 600k EVs in Jan–Feb (up 21% year‑on‑year) while North America plunged 36% to 170k, and China fell 26% to 1.1M—changes that align closely with new or expanded national subsidy programs in Germany, France and Italy. Where governments pay, buyers follow; where incentives lag or trade rules bite, adoption stalls. — Uneven, policy‑driven EV adoption will reshape supply chains, energy demand, automotive industrial policy and the geopolitics of cleantech leadership.