Global EV Sales Fall 2% in September Ending Growth Streak

Key Facts

Global EV sales fell 2% in September, ending a six-month streak of consecutive growth. Reuters reported that this decline marks the first contraction for the sector after half a year of steady expansion in sales volumes.

The downturn indicates a shift in global momentum for the electric vehicle and battery metal markets. This data arrives alongside broader economic indicators of softening consumer sentiment, with the US Michigan Consumer Sentiment index recording 46.3 on October 9, 2026, falling short of previous estimates.