The IT index has declined 11.4 per cent this week and is down 16.6 per cent so far in 2026, exceeding the 12.6 per cent fall recorded in the whole of last year.

Global EV registrations, a proxy for sales, fell by 3% year-on-year to almost 1.2 million units in January, according to the data, which includes battery-electric and plug-in hybrid cars ...