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One year after the end of the EV tax credit, is the future still electric?
It has been one year since the United States ended its federal electric vehicle tax credit, a policy change that removed up to $7,500 in incentives for new EV buyers. Commentators and industry watchers are assessing whether electric vehicle sales and consumer interest can survive without the subsidy, and what the shift means for automakers' long-term electrification plans.
Why now: The anniversary of the tax credit's expiration is prompting a reassessment of the American EV market's prospects without federal incentives.
United Stateselectric vehiclesEV tax credit
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Evidence
- One year after the end of the EV tax credit, is the future still electric? · gpb.org
- One year after the end of the EV tax credit, is the future still electric? · NPR
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