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U.S. EV Popularity Set to Decline Further Post-$7,500 Tax Credit Expiry at Month’s End
2025-09-09 /
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Author：小编
The uptake of electric vehicles (EVs) in the United States has been sluggish thus far, and the trend is anticipated to decelerate even more once the $7,500 tax incentive for EV purchases lapses at the close of this month. According to the most recent projection by Ernst & Young, EVs are projected to constitute 50% of U.S. automotive sales by 2039, marking a five-year delay from prior forecasts. The research unveiled by Ernst & Young on Monday highlights that the growth in EV sales across the U.S. during this decade has come to a near standstill. By 2029, EVs are expected to command only an 11% share of the market, a modest increase from the 8.1% recorded last year.
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