"The question was: "What's your prediction for EV sales over the next two quarters after the EV tax credit expires?" And about 60% of you predicted a steep decline. I don't totally disagree, although I do think some automakers will try to pass along the $7,500 federal tax credit through other price reductions for at least one quarter. Automakers with fresh EV models slated for late 2025 and 2026 may be better positioned than competitors. However, tariffs are also bound to shrink margins."
"Meanwhile, there is another speed bump emerging in the EV industry in the United States as automakers transition over to Tesla's North American Charging Standard. Yeah, I'm talking about dongles, aka EV charging adapters. Senior climate reporter Tim De Chant, who is a longtime EV owner himself, explains how some folks may soon have a trunk or frunk load of charging adapters."
A poll showed about 60% of respondents predicted a steep decline in U.S. EV sales during the two quarters following expiration of the federal $7,500 tax credit. Some automakers may temporarily absorb or pass along the credit via price reductions for at least one quarter, while new EV models launching in late 2025 and 2026 could be relatively better positioned. Tariffs are expected to compress margins. The industry is also transitioning to Tesla's North American Charging Standard, prompting widespread use of dongles and adapters. GM has introduced multiple adapters, increasing charging flexibility but adding complexity; households could accumulate several adapters.
Read at TechCrunch
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