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New EV sales drop 28% in Q1 2026, but used EVs surge 12% to near

ET

EVRoutes Team

EV Content Writer

New EV sales fell 28% to 212,600 in Q1 2026 after tax credit expiration , but used EV sales jumped 12% to 93,500 units as prices near parity with gas cars

What's Happening

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Why This Matters for EV Owners

The Bigger Picture

This development reflects broader shifts in the European EV market as charging infrastructure expands and new models enter the market..

What This Means for Your Wallet

Based on current European charging rates, DC fast charging costs between €0.30-0.65 per kWh depending on the network and country. This translates to roughly 40-60% savings compared to equivalent petrol costs. A typical fast-charging session takes 20-45 min (10-80% DC fast) — enough time for a coffee break on a long trip.

What to Watch Next

As the EV landscape continues to evolve, developments like this shape the transition to electric mobility across Europe..

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