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- 1EU Electric Car Sales Surge as EV Market Share Hits 21.7%▼EU Electric Car Sales Surge as EV Market Share Reaches 21.7% in 2026
Electric vehicle sales are climbing across the European Union, with EVs now accounting for 21.7% of the car market in 2026. The figures point to a steady shift away from combustion engines as manufacturers roll out more affordable models and charging networks expand. Industry watchers are debating whether the pace of growth will hold as subsidies are trimmed in several member states.
- 2FAW-Volkswagen unveils Jetta M6 electric sedan▼FAW-Volkswagen introduces the Jetta M6 electric sedan
FAW-Volkswagen, the German-Chinese joint venture, has introduced the Jetta M6, a new fully electric sedan. The model extends the Jetta brand, long known for affordable combustion cars in China, into the battery-electric segment. Details on specifications, pricing and launch markets are limited so far, and the announcement is drawing attention from observers tracking how established joint ventures respond to China's fast-moving EV competition.
- 3
Nikkei Asia reports that the race among automakers to dominate Southeast Asia's electric vehicle market could leave ordinary drivers behind, as the rapid push for new EV models raises prices beyond what many consumers in the region can afford. The article highlights the tension between automakers' expansion plans and affordability for local buyers.
- 4
New car registrations across the European Union rose 5.3% in the first eight months of the year, pointing to continued demand recovery in the bloc's automotive market. Industry observers see the growth as a sign of stabilising supply chains and steady consumer confidence, though the pace of the rebound remains modest by pre-crisis standards.
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New car sales are being lifted by strong demand for electric vehicles, according to trade reporting. The growth in registrations is attributed to buyers switching to battery-powered models, a trend being watched closely across the automotive industry as manufacturers scale up electric line-ups and markets adjust to the shift away from petrol and diesel cars.
- 6Jack Daniel's and Jim Beam join Formula 1 sponsorship race●Jack Daniel's and Jim Beam sponsor Formula 1 Racing teams | Photos
Two of America's best-known whiskey brands, Jack Daniel's and Jim Beam, are sponsoring Formula 1 racing teams, in a photo feature highlighting the tie-ups. The move signals growing interest from major spirits companies in motorsport marketing as Formula 1's audience expands, with the brands putting their names and imagery alongside the teams' cars and drivers.