US Electric Car Sales Hit Record High in August, But It Might Not Last

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Following an early 2025 decline in EV sales, Americans bought more electric cars in August than ever before, making up 9.9% of all new cars sold, according to Kelly Blue Book.

Shoppers could be trying to buy before the $7,500 federal tax credit expires on Sept. 30 per Trump’s Big Beautiful Bill. The $4,000 used EV credit and a leasing loophole are also going away. So, whether you’re buying new or used,…



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US Electric Car Sales Hit Record High in August, But It Might Not Last



Don’t miss out on our latest stories. Add PCMag as a preferred source on Google.


Following an early 2025 decline in EV sales, Americans bought more electric cars in August than ever before, making up 9.9% of all new cars sold, according to Kelly Blue Book.

Shoppers could be trying to buy before the $7,500 federal tax credit expires on Sept. 30 per Trump’s Big Beautiful Bill. The $4,000 used EV credit and a leasing loophole are also going away. So, whether you’re buying new or used,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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