Electric Car News Electric Cars’ Surging Prices Mean Fewer Buyers Could Use Tax Credit

EV Sales Surge Worldwide, But U.S. Demand Crashes After Tax Credit Ends

Global EV sales rose 23% in October as China and Europe soared, but U.S. demand plunged 41% after key incentives expired. Read More

The Luxury Electric Vehicle Is in Trouble

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. Read More

Used Electric Car Prices Fall in Line with Petrol Models as Demand Surges

Used electric vehicles are now selling for almost the same price as petrol cars, a shift analysts believe will fuel a major increase in adoption despite the end of federal incentives. Data from Cox ... Read More

New Car Prices Cross $50,000 Threshold for First Time as Electric Vehicle Sales Surge Ahead of Tax Credits Sunset

The cost of buying a new car in America has reached a historic milestone, with the average price surpassing $50,000 for the first time in September, according to new data. Kelley Blue Book reports ... Read More

28% Of Gas-Car Owners Would Never Buy An EV—But That's Not The Whole Story

One recent study paints a rather dark picture of EV appetite—at least on its face. According to a new Boston Consulting Group survey, 28% of Americans who own an internal-combustion engine (ICE) ... Read More

The Tax Credit Is Gone, but Electric Car Lease Deals Are As Sweet as Ever in October 2025

The government removed the EV tax credit at the end of September, but that doesn't mean people will stop buying electric vehicles. Surprisingly, for many buyers, it's business as usual, as many ... Read More

Should you buy a used electric car? Here are the pros and cons, according to Edmunds

Should I buy a used electric car? The market for new electric vehicles has softened in the past year and likely will remain weak for a while as EV makers and their customers adjust to the dramatic ... Read More

Goodbye to the $7,500 EV tax credit | What's that mean for EV prices?

Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1. But where prices go is less certain. The tax credit, ... Read More

The EV Tax Credit Is Gone, but That Won't Be the End for Electric Vehicles

The auto industry is grappling with a sense of impending doom as the EV tax credit was removed on October 1. While things will undoubtedly get rough for some companies, the market has the capacity to ... Read More

The Best Electric Car Deals Prove You Don’t Actually Need That Federal Tax Credit

Automakers slash EV prices up to $9,000 after federal credit disappears. Automakers offer aggressive EV discounts after loss of the $7,500 federal tax credit. Deals include major price cuts, zero ... Read More

GM bets big on electric cars even as market slows

Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More