Following the U.S. government's cancellation of the electric vehicle tax credit, the electric vehicle market in the United States has notably cooled down. In 2025, electric vehicles made up 9.6% of total vehicle sales. However, in the past three months, this proportion has declined to 6.5%, marking the lowest level since the beginning of 2022. Nevertheless, amidst soaring fuel prices, automakers are rolling out more competitively priced electric and hybrid models. The industry as a whole maintains that electrification remains an unwavering long-term trend.
