The uncertain future will affect U.S. emissions, the strategies of legacy automakers, and maybe the very survival of some EV startups. Driving the news: U.S. EV sales smashed records in Q3, new Cox Automotive data shows, as consumers rushed to tap credits and dealers rushed to move cars. "EV sales volume in Q3 was up 40.7% from the previous quarter and higher by 29.6% year over year," it found.
On Sept. 22, TikTok user @legacy7mama posted a video asking her viewers if she has reason to worry that she will no longer receive a tax credit, likely referring to the Clean Vehicle Tax Credit under the Inflation Reduction Act. I ordered my 2026 Tesla Y on Sept. 9. It's not here yet. I have nine days left in the month until I don't get the tax credit, she explained. So I'm slightly freaking out. Okay. I'm really freaking out.