A whiplash year for electric vehicles
Marketplace Tech

A whiplash year for electric vehicles

2025-12-31
2025 brought some new speed bumps for electric vehicle sales, namely the Republicans' One Big Beautiful Bill Act. It cut federal EV tax credits — up to $7,500 for new cars and $4,000 for used ones. Those incentives had been on the books in some form since 2008 and were expanded during the Biden administration. They expired at the end of September. Consumers rushed to take advantage before they disappeared, leading to record high sales earlier this year. But now the market faces an uncertain road a...
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