EV sales surge in the U.S. ahead of Sept. 30 tax credit deadline

NPR·Sep 30

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Electric vehicle sales have increased in the US, driven in part by a looming deadline for a federal tax credit. The surge in EV sales has contributed to strong overall auto sales in the third quarter, with some manufacturers reporting significant increases. However, the momentum is expected to slow after the tax credit expires, with some forecasts predicting a significant decline in EV sales in the following month.

Full coverage

Cox Automotive Forecast: September New-Vehicle Sales Up 6% Year Over Year; Record Electric Sales Help Charge Strong Third Quarter

Cox Automotive Inc.·Sep 25

Driven by EVs, auto sales were strong in Q3. The momentum is unlikely to last.

marketplace.org·Oct 10

Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales

CNBC·Oct 1

Car buyers rush to capitalize on federal EV tax credits ahead of expiration next week

CBS News·Sep 23

The boom in EV sales marks the end of an era

The Washington Post·Sep 8

The EV Market Enters Its 'Reset Era' in October as Federal Tax Credits Expire and Prices Rise

Edmunds·Nov 3

JD Power Forecasts U.S. EV Sales To Plunge 43% In October

Electric Cars Report·Oct 28

Electric vehicle sales spike with $7,500 tax credit set to expire on Sept. 30

ABC7 Los Angeles·Sep 26

View original report at NPR ↗

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