Top Selling Electric Vehicles in the World — February 2026

Plugin vehicle registrations were down 11% year over year (YoY) in February, ending the month close to 1.1 million units. Both BEVs (-8% YoY) and PHEVs (-16% YoY) had sales drops. This is the worst drop since the COVID-19 era, but there is one easy explanation for this — incentives.