Plugged-In EV Monthly: EVs +1.3% y/y and +2.8pp penetration

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Plugged-In EV Monthly: EVs +1.3% y/y and +2.8pp penetration

Global | Autos & Auto Parts EquityJuneResearch18, 2026

Exhibit 1 - TTM EV penetrationPlugged-In EV Monthly: EVs +1.3% y/y and 40%

35% EVs+2.8pp penetration 30%

25% BEVs

20%

15%Eur/USA/China EV sales est. +1.3% y/y in May. Still, global EV share +2.8pp 10% PHEVs

5%y/y to 34.6% with BEVs +4.1pp, PHEVs -1.2pp. Growth is affected by a weak 0%

total market in China (-19% y/y) while BEV penetration there still grew +10.9pp. Jan-19 Apr-19 Jul-19 Oct-19 Jan-20TTMApr-20 US+EU+ChinaJul-20 Oct-20 Jan-21 Apr-21 PenetrationJul-21 Oct-21 Jan-22 BEVApr-22 Jul-22 Oct-22 Jan-23 Apr-23TTMJul-23 US+EU+ChinaOct-23 Jan-24 Apr-24 Jul-24PenetrationOct-24 Jan-25 Apr-25 PHEVJul-25 Oct-25 Jan-26 Apr-26

Europe BEV growth is very strong, vs US EVs still declining. We note fuel prices .Source: Jefferies,TTM US+EU+ChinaWardsPenetrationAuto,BEV+PHEVACEA, CAAM

easing in both France and Germany, but BEVs still 4-5% lower on a total cost

Exhibit 2 - Battery materials weighted-average

basis than comparable ICE. cost for NMC and LFP chemistries, $/kWh

Europe Sales - Europe est. May BEV share +6.2pp y/y to 23.6%. PHEVs +1.0pp to 10.7%. BEV 8070

sales were +41% y/y, leading to very strong penetration growth of +6.2pp. PHEVs grew +14% y/ 6050

40y. Combined EV sales +31% y/y vs total market +3.5%. Non-plug HEV sales in the five largest 30

20economies at +34% y/y; share +9.5pp y/y to 41.5%. VW is the main BEV share loser, to the gain of 10

Leapmotor, Tesla, and a handful of other Chinese OEMs. Jan-20 Aug-20 Mar-21 Oct-21 May-22NMC622Dec-22 Jul-23LFPFeb-24 Sep-24 Apr-25 Nov-25

.

Source: Jefferies, Factset, Bloomberg, Transport &

China Sales - BEV share +9.4pp y/y to 42.7%. PHEVs -1.1pp to 18.4%. China EV (BEV + PHEV incl Environment