2026 EV Market Trends and New Models: China's Dominance and Ferrari's Electric Debut

The center of gravity is shifting. While the US was the 20th century’s automotive heart, 2026 marks a precarious turning point for American giants. At the start of January 2026, the lack of car concepts at CES in Las Vegas signaled a clear cooling of the US market, even as global EV sales remain in robust health. According to Wired and industry reports, the end of tax credits hasn't dampened global appetites for electrification.

2026 EV Market Trends and New Models to Watch

Most significantly, BYD has officially overtaken Tesla in EV sales, with the Chinese auto industry expanding its global footprint. While American icons like Jeep and Chrysler retreat from plug-in hybrids in their home market, others are racing toward a fully electrified future. Here are the key vehicles defining 2026.

• Ferrari Elettrica: Producing over 1,000 hp from four motors, this 880-volt masterpiece aims to prove a Ferrari can still thrill without a V12.
• BMW iX3: The pioneer of the 'Neue Klasse' platform, featuring a 350-mile real-world range and 400-kW charging speeds.
• Geely EX2: Known as the Xingyuan, this compact hatchback was China's best-seller in 2025 and enters the UK market at an estimated £16,000.
• Hyundai Ioniq 6 N: A performance sedan with 650 PS and a 3.2-second 0-62 mph time, utilizing e-Shift tech to simulate gear changes.
• Jaguar Type 00: A 1,000 hp grand tourer spearheading the brand's relaunch with over 400 miles of range.

Key Performance Specifications