EV Sales In The US Continue To Grow, But Weakly

The article discusses the continued growth of electric vehicle (EV) sales in the United States, albeit at a much slower pace compared to the global market. According to Rho Motion, global EV sales increased by 28% year-to-date in 2025 compared to 2024, while US sales grew by only 6%, including both plug-in hybrids and fully battery-electric vehicles. Despite this modest growth, the US remains a significant EV market. However, the recent passage of the “Big, Beautiful Bill” by the Republican-controlled Congress, which eliminates the $7,500 EV tax credit after September 30, 2025, could impact future sales. There is speculation that this may trigger a surge in purchases before the credit expires, as some buyers may rush to take advantage of the incentive. The article also highlights a shift in US consumer behavior regarding EV brands. Tesla, historically the dominant player and sales leader, has seen slower growth (85% since 2021) compared to non