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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

Accessing the full amount of the credit at the point of sale saves consumers money on finance charges, makes the tax credit available to those who don’t pay much in income taxes, and makes both new and used EVs more accessible. In part, because of these tax credits, EV sales continue to grow in the United States.

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Europe Accelerates EV Adoption with Policy Updates

Driivz

Such changes will continue to aid in the high sales of EVs being tracked across the continent. The European Automobile Manufacturers Association (ACEA) found that overall battery electric vehicle sales rose 23.6% The increase in sales of EVs has a lasting impact on city air quality. in March 2025 alone.

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2024 Honda Prologue: Japan’s most American brand gets serious about EVs

Charged EVs

It sells those engines in a variety of containers, from home generators and lawn mowers to ATVs and automobiles. Data since sales started in March suggests that the Prologue has done well for Honda—more than 5,400 were sold in August 2024 (the most recent month before this article closed).

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Tariffs, Trade Wars, and Turmoil: The Global Car Market in Crisis

Baua Electric

In 2025, former President Donald Trump reimposed a sweeping 25% tariff on imported automobiles and selected auto parts. borders but across the entire global auto industry. Auto Sales According to recent forecasts by industry analysts, Trumps tariffs are expected to lead to a drop of 1.8 The result?

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Auto Industry Warns New Supply Shortage Could Impact Production and Jobs

The Truth About Cars

But vehicle sales had already declined and there is a sense that the industry continued to milk the shortage as a partial (albeit still legitimate) excuse for lessened production. Supply chain issues have also been blamed, which we saw taking place during the semiconductor shortage that took place during the pandemic.

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BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.