Overview

• Congress accelerated the program’s sunset in July, ending credits worth up to $7,500 on new EVs and $4,000 on used models on Sept. 30 under President Trump’s One Big Beautiful Bill Act.
• U.S. EV sales set records in August with 146,332 vehicles and a 9.9% market share, and J.D. Power says September’s pace is elevated as shoppers pull forward purchases.
• Dealers and manufacturers are pushing last‑minute offers, with leases applying the full discount up front and brands like Tesla and Rivian urging shoppers to secure eligibility by ordering before the deadline.
• California will end solo HOV lane access for Clean Air Vehicle decals on Oct. 1, with the CHP allowing a 60‑day grace period before ticketing, as the state touts 200,000 chargers in place.
• Analysts are divided on the outlook after Sept. 30, with warnings of a sharp drop in demand and expectations of price cuts or production adjustments based on past incentive phase‑outs.