Overview

• GM said August was its best EV month ever with more than 21,000 sold and warned it will curb production as incentives expire, saying deep discounts are ending.
• Hyundai reported an August sales record with 88,523 vehicles and said electrified models were 32% of retail, led by the Ioniq 5 at 7,773 units, while Kia posted its highest monthly U.S. sales with the EV9 rebounding to 2,679.
• Ford logged 10,671 U.S. EV sales in August, up 19% year over year, including a record 7,226 Mustang Mach‑Es and 3,217 F‑150 Lightnings, marking the brand’s sixth straight month of growth.
• Analysts noted U.S. EV share hit about 9.1% in August on the buying rush and cautioned sales could drop significantly after the credit ends, with one forecast calling for share to fall well below 4%; IRS guidance allows deliveries after Sept. 30 if contracts are signed beforehand.
• Tesla continued to lose ground in Europe with August registrations down 39% in Germany and steep declines in France, Denmark and Sweden, even as Norway rose, and its India debut drew just over 600 orders with only 350–500 cars planned for shipment this year.