In 2026, Europe sells more electric cars than ever before, but the profits of the manufacturers contract. Renault has a growing semester, Stellantis just returns in the green, BMW restructuring. Behind these trajectories, the same market acts: Chinese pressure, regulatory costs, price war and switch to electricity.
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Carmaker Stellantis said Thursday it returned to profit in the second quarter after a steep loss a year earlier, while German premium carmaker BMW said its net profit fell more than 30% in the second quarter.
In 2026, Europe sells more electric cars than ever before, but the profits of the manufacturers contract. Renault has a growing semester, Stellantis just returns in the green, BMW restructuring. Behind these trajectories, the same market acts: Chinese pressure, regulatory costs, price war and switch to electricity.