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EV Sales Surge Expected Before $7,500 Tax Credit Ends
After the federal tax credit ends Sept. 30, analysts are projecting that EV registrations could drop 27%. With the federal $7,500 electric vehicle tax credit set to expire on Sept. 30, automakers and dealers are ramping up promotions in anticipation of a last-minute sales rush.
‘Tesla, the market leader for years, is now clearly in retreat. The company delivered 384,122 vehicles globally in Q2, a 13.5 ...
BYD, a Chinese car company that Elon Musk once mocked, now outsells Tesla in battery electric vehicle sales. BYD is ...
Polestar reported a surge in second-quarter sales on Thursday, bolstered by strong demand for its electric vehicles in its ...
President Trump’s “One Big Beautiful Bill” just wiped out key clean energy subsidies. If you want that $7,500 EV discount, ...
The news comes after crosstown rival GM reported this morning that its EV sales more than doubled (+111%) in Q2 with a ...
Meanwhile Tesla, by far the U.S. EV sales leader, is struggling. Cox Automotive estimates that its U.S. sales dropped by 20% ...
Polestar reported a surge in second-quarter sales on Thursday, as offers and discounts helped boost sales in its home market ...
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