Is the US clawing back its EV sales share?

Since the final draft of the One Big Beautiful Bill Act, now more than a year ago in July 2025, the outlook for EV Sales in the US had been condemned for 2026. , previous tax credits fading into consumers memories and some new models inbound, is the US EV market starting to show green shoots among the rubble?  The removal of the $7,500 federal tax credit for new EV sales came at the end of September 2025. With public knowledge of the cliff edge in the three months prior, a large ramp up and consequent drop in EV sales was witnessed.   In 2026, the effective price rise across the most popular EV models created an expectation of a near 30% drop in EV sales in our forecast. In the early months of 2026, that trend was very much followed. January sales saw downward movement of 31%, followed by the same again in February. Q1 was rounded out by the comparison deteriorating further, to a low of -35% compared with March 2025. Overall, for the quarter, EV sales were down 32.4%.