October EV sales on track to face-plant: ‘Less than half the rate from September’ after EV tax credi

[rangerrebew]

October EV sales on track to face-plant: ‘Less than half the rate from September’ after EV tax credit abolished – ‘A frightening result for EV advocates’ as Americans lurched back to buying traditional 
By Admin
October 28, 2025
7:17 pm
https://www.politico.com/newsletters/power-switch/2025/10/28/octobers-ev-sales-are-frightful-00624399

October’s EV sales are frightful

By DAVID FERRIS

This Halloween, the federal government is offering zero treats to electric vehicle buyers. And it’s produced a frightening result for EV advocates: Americans lurched back to buying traditional gas guzzlers.

EV sales are on track to face-plant to slightly less than 6 percent of new car sales in October, the first month after the Biden-era $7,500 tax incentive blew away like the first leaves of fall. That’s less than half the rate from September, according to a report by research firm J.D. Power and data firm GlobalData that made full-month conclusions from earlier sales.

You’d have to go back to 2022 to find EV sales at that level. But analysts consoled that the figures aren’t as bad as they could have been and that they will probably get better.

“We’re going to still keep some momentum,” said Stephanie Valdez Streaty, an industry analyst at Cox Automotive, on a webinar today about EV sales.

https://www.climatedepot.com/2025/10/28/october-ev-sales-on-track-to-face-plant-a-frightening-result-for-ev-advocates-as-americans-lurched-back-to-buying-traditional-gas-guzzlers/

[IsailedawayfromFR]

These are for new EVs.

There is no market for used EVs

[Bigun]

 

[andy58-in-nh]

When people have to be bribed to buy something, it means that the product is essentially unwanted.

[mountaineer]

I recently saw a TV ad for electric pickups. They were shown driving through the near-wilderness, and I had to wonder where they'd plug in.

[GtHawk]

I recently saw a TV ad for electric pickups. They were shown driving through the near-wilderness, and I had to wonder where they'd plug in.

the generator they carry in the truck bed🤔 I like the one where the dad loads up the kids practicing loud bad music and hauls them out to the wilderness in his EV truck and then plugs in the amps and whatever…yeah, sounds like a good idea😅

[Smokin Joe]

Well, I've been out in those boonies...'current bushes' are few and far between.

Occasionally, out there, I'd come across the fading remains of a vehicle and wondered what had brought it there. With EVs, perhaps that supply will be replenished.

[Sighlass]

These are for new EVs.

There is no market for used EVs

They want to up their resell value, make it in such a way you can add an aftermarket gas engine.