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EV tax credits end September 30, and sales have spiked : NPR

EV tax credits end September 30, and sales have spiked : NPR
business • 9/30/2025

A $7,500 tax credit is available for the lease or purchase of many electric vehicles — but only if contracts are inked by midnight on Sept. 30. The result: The market for EVs is a little distorted.

The Republican tax and spending package that passed in early July brought an early end to federal EV tax credits, which are worth up to $7,500 for new electric vehicles and up to $4,000 for used ones. The credits end on September 30. Specifically, bu... [3356 chars]