Edited by Peter Hillerberg2 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Hong Kong's electric vehicle market hit a sharp reversal in July 2026. New battery-electric car registrations in the city fell 27% year-on-year, dropping to 1,963 vehicles from 2,676 in July 2025, according to Hong Kong vehicle registration data. Broader private-car demand was also weak. New private-car registrations fell 20% year-on-year to 2,536 vehicles, down from 3,172 a year earlier.
The contrast with North America's EV trend is stark. Registered battery-electric vehicles in Minnesota climbed 24% year-on-year in Q2 2026, reaching 64,042 units against 51,530 a year prior, according to Atlas EV Hub data. The two datasets together sketch a diverging picture of EV adoption across markets.
Away from vehicles, the T-100 dataset published by the US Department of Transportation shows airline passenger volumes have risen for three consecutive months. The July 2026 reading stood at 101.2 million passengers. The streak points to sustained demand in US air travel through the summer.
VA loan volume tells a different story for housing. That measure has fallen for three consecutive months, reaching $17.2 billion in September 2026. Three consecutive monthly declines in VA lending suggest pressure on mortgage-backed veterans' home buying, though the block gives no cause.
Two major automakers report earnings in the next seven days, and German car registration data has a measured lead on both.
For GM, reporting on 20 October, German car registrations lead revenue by 15 days with a strong measured fit. That dataset is running 133% above the same quarter last year, with all three months of the quarter now in.
For TSLA, reporting on 21 October, the same German car registration series leads revenue by 43 days, also with a strong measured fit. It is running 269% above the equivalent quarter in 2025, with all three months of the quarter in.
These readings are where the German car data is pointing so far for the quarter being reported. They are not a forecast of the revenue print or the share price.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
