The recent EV report highlighted a 9% increase in new electric vehicle sales in July, with top performers including Tesla, BYD, and Geely. The sales figures for electric vehicles have reached a significant milestone of 11.5 million units sold so far this year. Despite the growth in global EV sales, a comparison between gas and electric vehicles suggests that the trend remains upwards in the year 2026. However, the U.S. electric vehicle market appears to be struggling, as per findings from the report.