Electric vehicle sales dropped in October following the expiration of a $7,500 federal tax credit, with top car brands including Ford (F) seeing significant declines after a surge in sales in ...

Ford's electric vehicle business just hit a wall, with U.S. battery EV sales collapsing by roughly three-fifths in November after the loss of a key federal incentive. The sudden drop is not only a ...

Ford's electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric ...

On Oct. 1, the Trump administration ended the $7,500 federal tax credit for EV buyers. The tax credit was originally enacted in 2022 by the Biden administration to encourage the purchase of EVs and ...

January 2026 EV sales fell below 8% after federal tax credits expired. Manufacturers now burn $5,700 per EV in incentives to move inventory. EV and plug-in hybrid market share dropped under 8% after ...

Interest in electric vehicles (EVs) is cooling among American consumers following the termination of federal tax incentives and amid persistent concerns over cost, repairs and charging access, ...

Ford Motor Co.'s U.S. sales fell almost 1% year-over-year in November as an aluminum shortage affected F-Series production and electric vehicle sales plummeted 61% without the federal plug-in vehicle ...