In April, car sales in China slumped to their lowest level in a decade, but that decline had a silver lining. Despite the overall slowdown, sales of new-energy vehicles (NEV) increased 44.6 percent year-over-year to 300,000 units for the month. In the first half of this year, over 2.2 million NEVs were newly registered in China, a record high and an increase of 100.26 percent year-over-year. Those sales increases are part of a larger upward trajectoryfor NEV adoption in China. The country has been the world’s largest NEV market for seven years in a row, and last year, electric car sales in China almost tripled compared to 2020. The momentum behind electric cars doesn’t end with the Middle Kingdom. In 2021, electric vehicle (EV) sales in Europe increased by two-thirds year-over-year to 2.3 million. In the U.S. in May, EVs reached a record high of 6.1 percent of new car sales, a 70 percent increase in EV sales year-over-year. In the second quarter, EVs accounted for 5.6 percent of U.S. new car sales, twice the share a year ago. Despite the many problems associated with supply chains during the pandemic, the global EV market tripled in 2021 compared to the number of electric vehicles sold in 2019, reaching a total volume of 6.6 million vehicles. The increase in electric vehicle sales is driving investments in research and spending on batteries, charging stations and EV manufacturing facilities, as well as a build-out of auto supply chains.