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Good bye to the $7,500 EV tax credit. What’s that mean for EV prices?

Good bye to the $7,500 EV tax credit. What’s that mean for EV prices?
business • 9/23/2025

US electric vehicle sales are virtually certain to tumble when the $7,500 federal tax credit for EV buyers ends October 1. But where prices go is less certain.

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, leaving automakers and car buyers wondering where prices will go. The tax credit, which was passed in ... [4012 chars]