European EV Surge Tests Charging, Grids and Policy

Europe's H1 2026 BEV registrations exceeded 1.2M, with June up 39.5% YoY. Italy nearly doubled, France up 61%. Germany's BEVs overtook gasoline in new registrations in June 2026 (78% YoY growth, 28.4% market share). EU BEV share reached 20.7% in H1 2026 (up from 15.6%). The surge is broadening beyond mature markets, but infrastructure and grid capacity face strain. Policy consistency will be critical to sustain growth. This contrasts with US retrenchment and highlights global divergence. Global landscape analysis reinforces Europe's policy-driven rebound.