CleanTechnica•about 1 month ago
US EV Sales Drop 2% in 2025, But Up 162% Compared to 2021
Key Takeaway
The abrupt removal of EV tax credits significantly impacts consumer adoption rates, creating volatility in electricity demand growth forecasts crucial for power developers and large consumers.
AI Summary
- •US EV sales declined 2% in 2025 overall, with a significant Q4 drop attributed to policy changes, though 2025 sales remain 162% higher than 2021.
- •The abrupt elimination of the $7,500 federal EV tax credit by Republicans is cited as the primary cause for the Q4 2025 sales slump.
- •This policy volatility creates uncertainty for future EV adoption rates, directly impacting long-term electricity demand growth forecasts for power developers and large consumers.
Topics
emissionsfinancingoempolicy
Article Content
I just wrote about 4th quarter US EV sales. As expected, they don’t look great. Sales dropped a ton in the 4th quarter after Republicans killed the $7,500 US EV tax credit. However, we all know that the 3rd quarter was a blockbuster quarter for US EV sales for the ... [continued] The post US EV Sales Drop 2% in 2025, But Up 162% Compared to 2021 appeared first on CleanTechnica .