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Electric Vehicle Sales Plummet in the U.S. After Subsidy Ends
2025-11-05 /
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Author：小编
Following the conclusion of the U.S. federal electric vehicle tax credit policy on September 30, Hyundai and Ford experienced a sharp decline in electric vehicle sales in October. Ford's sales of pure electric vehicles dropped by 25% year-on-year, while Hyundai's Ioniq 5 and Ioniq 9 saw a staggering month-on-month decline of 80% and 71%, respectively, despite an increase in the market share of hybrid vehicles.
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