Overview
- Cox Automotive and Kelley Blue Book estimates show about 247,226 EVs sold in Q2 2026, the biggest quarterly total since the $7,500 federal tax credit expired in September 2025.
- Tesla kept a commanding position with roughly half of U.S. EV sales in Q2 and the Model Y remaining the country’s best‑selling electric vehicle.
- Automaker performance varied sharply with Toyota reporting a roughly 225% year‑over‑year jump to 11,826 EVs while Audi sold only 1,730 EVs in the U.S. through the first half of 2026.
- Analysts attribute the sequential rebound to higher pump prices improving EV economics, state incentive programs, fresh product introductions, and faster charging networks drawing some buyers back to EVs.
- The recovery suggests early stabilization but overall volumes remain well below the tax‑credit peak and continued policy shifts and fuel‑price swings could reshape automaker plans and consumer demand.