FI showroom red and grey logo
MenuMENU
SearchSEARCH

Used EVs Outpace New

While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.

June 17, 2026
Person pumping gas into car.

Tesla was the volume leader for new and used EV sales in the U.S. in May.


Credit:

Pexels/Holiday Extras

2 min to read


North American electric-vehicle sales continued to lag behind the global market in May, according to data compiled by Benchmark Mineral Intelligence.

The battery supply chain research and insights company reported that 1.8 million EVs sold globally during the month, up 3% year-over-year.

Ad Loading...

China, though still the volume leader, was down 9% year-over-year, but it's poised to make inroads in North America, where sales were down 26% year-over-year to 120,000 units. The decline comes on the heels of automakers pulling back on their EV investments in the U.S. and the removal of a federal EV tax credit last fall.

There was a clear divide between new and used EV sales in the U.S. alone, according to Cox Automotive data. New EV sales fell 22% year-over-year, accounting for just under 6% of total new-vehicle sales. Tesla remained the volume leader, though its market share dipped slightly to 48%.

U.S. used-EV sales, though, were up nearly 25% year-over-year, holding EV market share at just under 3%. Tesla was also the volume leader in that segment, though volume declined slightly month-over-month.

Canada could see an EV sales increase at the end of the year with China-based automaker BYD planning to enter the Canadian market. BYD confirmed plans for more than 20 dealerships across the Great White North.

In the overall global market, Europe saw the most growth in May with a 23% year-over-year increase in sales, which Benchmark credited in part to EV subsidy schemes across the region and the impact of rising fuel prices following the war in the Middle East.

More Showroom

Silver Subaru STI parked in lot.
Showroom•by Lauren Lawrence•October 14, 2026

New-Vehicle Prices Stay Put

Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.

Read More →
White electric vehicle parked at charging station.
Showroom•by Lauren Lawrence•October 12, 2026

EV Buyer Consideration Shifts

What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'

Read More →
Door handle in interior of new-looking vehicle
Showroom•by Hannah Mitchell•October 1, 2026

Year-to-Date Auto Sales Holding Their Own

A forecast through August shows that automakers have shifted strategies to keep deliveries and revenues up despite tariffs and other economic challenges.

Read More →
Ad Loading...
Interior of BMW ix3 electric SUV with hilly landscape seen through windshield
Showroom•by Hannah Mitchell•September 28, 2026

Slow to Robo

Ten years of polling consumers shows autonomous vehicles’ profiles have risen considerably, but even more people now want at least some level of control if they go that route.

Read More →
Photo of red SUV parked outside a car dealership after dark
Showroom•by Hannah Mitchell•September 9, 2026

Dealers a Little Down

A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.

Read More →
Silver car driving down road with graphic that says “Europe Plugs In”
Showroom•by Lauren Lawrence•September 9, 2026

European EV Sales Skyrocket

The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Showroom•by Hannah Mitchell•August 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
A rear view of a red Hyundai Elantra
Showroom•by Hannah Mitchell•August 17, 2026

Used Lots Getting the Business

Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.

Read More →
outside shot of two trucks in front of a body of water with a cloudy sky
Showroom•by Lauren Lawrence•July 29, 2026

Used Market Stabilizes

The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.

Read More →
Ad Loading...
Twilight of white hybrid car.
Showroom•by Lauren Lawrence•July 22, 2026

California Hybrids Reach State Record

The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.

Read More →