Overview
- Congress ended the program early through President Donald Trump’s budget package, with credits of up to $7,500 for new EVs and $4,000 for used purchases set to disappear after September 30.
- Cars.com reports interest in new EVs up 33% year over year and used up 22%, and a Detroit Free Press analysis found about half of prospective buyers are accelerating purchases before the cutoff.
- In August, used EV sales rose nearly 60% from a year earlier, according to Cox Automotive, which expects September to show similarly elevated, deadline‑driven activity.
- Argonne National Laboratory estimates overall U.S. EV sales in August were up 14.7% from a year earlier, reflecting momentum that manufacturers and dealers tied to time‑limited incentives and lease offers.
- California will end solo HOV‑lane access for Clean Air Vehicle decals on October 1, with the CHP delaying ticketing for 60 days, as analysts split on whether EV demand will drop sharply once federal credits end.