Global EV Market Divergence & Iran War Catalyst

Europe surged 27% in H1 2026 (BEV share 20.7%), US dropped 20%, China shrank 14% but Q2 recovery. IEA raised 2026 global EV share forecast to 29% citing 35% QoQ sales jump in Q2 2026 across 50 countries, driven by Iran war fuel price effect.