U.S. Electric Vehicle Sales Grow for Third Consecutive Quarter
· Automobile · TechCrunch, Wired
Electric vehicle sales in the U.S. have increased for three consecutive quarters, marking a recovery after a decline caused by the cancellation of tax credits last year. EVs now account for 6.1% of the U.S. market, the highest share since the third quarter of 2025. Industry analysts attribute this growth to more competitive pricing and renewed consumer interest driven by high gas prices. While Toyota, Rivian, and Subaru saw sales gains, Tesla experienced a 20% year-over-year decline in sales. The U.S. market trend mirrors a recovery seen in Germany following the abrupt end of government purchase incentives in 2023.
Why it matters
The sustained growth in EV adoption suggests that consumer demand is becoming less dependent on government subsidies as vehicle prices become more competitive. This shift impacts the long-term sales strategies of major automakers and the broader transition toward electrified transportation.
Read the original report — TechCrunch
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