How The End Of The US EV Tax Credit Could Supercharge EV Sales - CleanTechnica

The article from CleanTechnica discusses the impending end of the US federal electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used EVs—set to expire after September 30. This expiration is causing a surge in EV purchases in the current quarter as buyers rush to take advantage of the incentives before they disappear. While sales are expected to drop immediately after the credits end, the article argues that this surge could ultimately accelerate broader EV adoption. New EV owners, impressed by their vehicles’ benefits, often influence friends, family, and coworkers through word-of-mouth, potentially sparking subsequent waves of EV interest and purchases even without financial subsidies. The author suggests that this initial surge of buyers acts as a catalyst for the "early majority" to consider switching to EVs, creating a snowball effect that could speed up the transition to electric vehicles. Although some may argue that maintaining the tax credits would lead to steadier, more consistent growth in EV sales