According to the IEA's analysis, even with sales down in the U.S. and China, EVs will likely account for 29% of new car sales this year. Electric car sales in the country are expected to reach similar levels as in 2025, though the EV sales share is expected to grow to more than 60% in 2026. Additionally, while China's new car sales dropped by about 20% in the first half of the year, its new car exports jumped by 65%. That boost in exports means the Chinese automotive industry only saw about a 6% drop in H1 2026. If you only look at EVs, exports jumped more than 120%, essentially erasing China's drop in domestic EV sales.