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Tesla Model Y keeps top spot in Q1 2026 EV sales despite year-on-year decline

The global electric-vehicle market lost momentum in January 2026 as U.S. and Chinese tax incentives were reduced or ended, cutting plug-in registrations 6% from a year earlier to about 1.2 million, a report cited by Cleantechnica showed. Tesla’s Model Y remained the top-selling model with 53,074 units, down 7%, while Model 3 sales fell 47% to under 15,000. Growth remained strong in parts of Asia and some emerging markets as Chinese exporters expanded overseas.