The Prospects of an Electric Vehicle Future in the US Blur Further
A year after Congress eliminated the federal EV tax credit, America's electric vehicle market has become genuinely difficult to characterize in a single sentence. Sales briefly topped 11% of new-car purchases last September as shoppers raced the deadline, then slid hard once the incentive vanished, posting year-over-year declines in the double digits through early 2026. Since then, the market has leveled off at roughly half that pre-deadline peak, settling into the mid-single digits for most of this year. Hybrids have muddied the picture even further as American demand for them has climbed more than a quarter compared with last year. …