Electric Car News U S Electric Vehicle Sales Reach Breakthrough Pace

US Electric Vehicle Sales Hit a Record as Incentives Disappear

The clock for US electric vehicle tax credits started ticking when President Donald Trump signed a tax law that set a September expiration date. Apparently Americans heard it: They raced to buy ... Read More

Electric Vehicles Make Up 11 Percent of US Car Sales

Electric car sales jumped to a record in the third quarter as US buyers rushed to cash in on federal subsidies that ended last month. Read More

US car prices reach new high as luxury vehicle, EV sales surge nationwide

New vehicle prices hit a record $50,000 average in September, marking a 3.6% year-over-year increase and the largest annual gain since spring 2023. Read More

Electric vehicle sales hit record ahead of tax credit's end

General Motors Co., in particular, is gaining electric speed. The company captured 15% of EV sales in the quarter, led by its new Chevrolet Equinox, the third best-selling battery-powered machine. Read More

GM takes $1.6 billion hit on electric vehicle rollout as U.S. automakers rethink future

President Trump’s “One Big Beautiful Bill” ended a key EV tax credit last month. But consumers had already shown signs of EV fatigue. Read More

Car executives fear a collapse in EV sales as US tax subsidy vanishes

DETROIT (Reuters) -Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers. "It's a game-changer," Ford ... Read More

Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.

The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover. By Neal E. Boudette The key factor that nudged Dan ... Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. Read More

Elon Musk’s Tesla hikes lease prices on all electric cars as US tax credit expires

Tesla has raised lease prices for all its vehicles in the US after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The ... Read More

GM bets big on electric cars even as market slows

GM’s senior vice president and president of North America is in a critical position as industry braces for sale slump. Read More

End of EV tax subsidy sparks worries of collapse in US electric car sales

Dealerships adopt cautious approach, reducing EV inventory Ford CEO predicts EV sales to drop to 5% of total U.S. vehicle sales Automakers struggle to provide long-term support without tax credit ... Read More