lower‑tier ev decline
Electric Vehicle Sub‑Niches: Why Lower‑Tier Decline Threatens Fleets
In 2026, lower-tier electric vehicle registrations fell from 35% of new sales in 2025 to just 18%, a 50% year-over-year drop. This steep decline threatens fleet procurement by shrinking the pool of affordable, mass-market models. With fewer budget-friendly options, operators must rethink vehicle mixes to keep costs in check. Electric