Data released on Wednesday (local time) revealed that global demand for electric vehicles (EVs) rose for the second consecutive month in April. A total of 1.6 million new battery electric and plug-in hybrid models were registered, reflecting a 6% year-on-year increase, though there was a 9% month-on-month decrease compared to March. This growth was primarily propelled by policy incentives, escalating oil prices, and the ongoing expansion of influence by Chinese automakers. In the European market, EV registrations reached approximately 400,000 units in April, up 27% year-on-year. Nearly €200 billion has been pledged for local investment in the EV ecosystem. In contrast, China's market witnessed a decline in registrations in April, with around 850,000 units registered, marking an 8% year-on-year decrease. However, Chinese automakers are stepping up their global expansion efforts. In April, their exports surpassed 400,000 units, and the total exports in the first four months reached nearly 1.4 million units, more than doubling the amount from the same period last year. The North American market saw a 28% drop in registrations to 120,000 units in April. Mexico experienced a nearly 50% increase in sales, while Canada saw a 7% decrease. Notably, despite facing EU tariff challenges, Chinese brands are continuing to expand their market share in Europe. In the first four months, 22% of battery electric and plug-in hybrid models sold in Europe were produced in China, up from 19% during the same period last year.