EV Market Navigates Tax Credit Changes and Shifting Sales Forecasts
The electric vehicle market is facing a period of adjustment following the expiration of federal tax credits, which led to a boost in Q4 2023 sales for both new and used EVs. Industry analysts are now predicting a temporary dip in early 2025 sales before a potential rebound. This indicates a dynamic landscape influenced by policy changes and consumer behavior.
June 22, 2026Plug In America Blog