EV Winners and Losers After Tax Credits Expired
The EV tax credit has ended, and data reveals which models succeeded and which did not.
With the termination of the EV tax credit, the US has entered a post-electric-forward era, resulting in the cancellation of various programs and incentives for electric vehicles.
- A surge in electric vehicle purchases occurred while offers lasted.
- Some brands performed significantly better than others in terms of sales.
A lot of programs and tax incentives for EVs have been straight-up cancelled.
Notable EV manufacturing projects may lose funding from the US Department of Energy.
Author's summary: EV tax credit expiration reveals sales winners and losers.