{"id":3944,"date":"2026-04-15T16:31:00","date_gmt":"2026-04-15T16:31:00","guid":{"rendered":"https:\/\/climatevdo.com\/?p=3944"},"modified":"2026-04-18T20:01:51","modified_gmt":"2026-04-18T20:01:51","slug":"us-ev-market-down-27-worst-1st-quarter-since-2022","status":"publish","type":"post","link":"https:\/\/climatevdo.com\/?p=3944","title":{"rendered":"US EV Market Down 27%, Worst 1st Quarter Since 2022"},"content":{"rendered":"
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When Joe Biden and Democrats got control of the White House and Congress, they revived and extended the $7,500 EV tax credit, with some new stipulations but also very inclusive loopholes. In short, Americans were incentivized to buy more new EVs. Then, Donald Trump and Republicans took over and killed those EV incentives. Looking at Q1 2026 US EV sales compared to previous years, we can now get a sense of the effect this has had on the market.<\/p>\n

Overall, EV share of the US auto market was 5.9% in the first quarter of 2026, down from 7.6% in Q1 2025 or 7.2% in Q1 2024. The quarterly peak for EVs in this regard was 10.6% share in Q3 2025.<\/span><\/p>\n

As we can see in the charts, the market rose up to record heights in Q1 2025. (That said, since we include a separate bar in the chart for dominant Tesla, we can see that its 1st quarter record was back in Q1 2023, not Q1 2025.) Note that there are both embedded interactive charts and static images of the charts shared below, since the former show better for people on some devices and the latter show better on other devices.<\/em><\/p>\n