Everyone expected the bottom to fall out of the new electric car market after the $7,500 federal incentive ended on September 30, 2025. As seen in China, Germany, and the Netherlands, a surge in EV sales before an incentive ends is typically followed by a dramatic drop. However, EV sales in America are beginning to bounce back. According to data, 247,226 EVs were sold in the US in the second quarter of 2026 \u2014 up 14.7% from Q1. While sales are still off 20.5% from their peak in Q3 2025, this is a significant improvement from the 35% drop experienced in Q4. For optimistic observers, this signals a potential recovery.<\/p>\n
BloombergNEF had previously projected EV sales in the US would reach nearly 50% by 2030, but has now revised that number sharply downward to 17%. Currently, EV sales in the US stand at just 5.8%. If BloombergNEF’s latest forecast holds, US electric car sales will triple over the next four years despite policy headwinds \u2014 a positive sign for the industry.<\/p>\n
Cox Automotive reports that the market is now stabilizing after the anticipated correction. New product launches, state-level incentive programs, and continued consumer interest are supporting demand. Stephanie Streaty, director of industry insights at Cox Automotive, noted that the next phase of EV growth will likely be driven by advances in technology and how effectively automakers translate those into products that meet consumer expectations for affordability, utility, performance, and ownership experience.<\/p>\n
Tesla remains the market leader with nearly 50% of all US EV sales. Chevrolet, Hyundai, and Cadillac trail significantly behind. Notably, Toyota and Subaru have doubled their EV sales so far this year, albeit from a very small base. Interestingly, with federal incentives gone, list prices for electric cars have declined, leading some cynics to suggest that previous incentives largely benefited corporate coffers.<\/p>\n
EV charging infrastructure continues to grow despite policy headwinds. There are now more than 250,000 charging plugs in the US, including 175,000 Level 2 facilities and 75,000 Level 3 plugs \u2014 a 20% increase from a year ago. This expansion is gradually alleviating range anxiety. As a side note, hybrid sales have surged across America largely due to higher gas prices caused by the closure of the Strait of Hormuz.<\/p>\n
US automakers are backing proposed legislation that would make it nearly impossible to import Chinese-made cars. Tesla started the computer-on-wheels trend with the Model S in 2012, enabling over-the-air (OTA) updates. However, most components enabling OTA technology are sourced from China or other countries considered dangerous rivals. The Connected Vehicle Security Act of 2026, introduced by Senator Bernie Moreno (R-OH) and Senator Elissa Slotkin (D-MI), aims to address this. The Senate Commerce Committee will take up the bill on July 15, 2026.<\/p>\n
The bill targets connected vehicle software and hardware tied to China, Russia, Iran, or North Korea, including anything routed through joint ventures. It focuses on the telematics control unit, cellular modem, and GPS module \u2014 parts with an active, always-on link to servers outside the country. Software tied to foreign adversaries would be prohibited starting January 1, 2027, with hardware following three years later. The gap allows automakers to reconfigure supply chains.<\/p>\n
If passed, Polestar (majority owned by Geely) would likely disappear from the US. Geely also owns a significant stake in Volvo and is an investor in Mercedes, potentially affecting those brands too. The bill has broad support from the UAW, General Motors, and the CAR Coalition (aftermarket parts industry). The Bureau of Industry and Security had already finalized a rule banning similar hardware in January 2025 using authority from a 2019 executive order. The new bill would cement that rule into statute, making it harder for future administrations to undo.<\/p>\n
Critics argue the legislation protects US automakers from competition rather than consumers. Data privacy concerns are real, but the bill does not address consumer rights. As one commenter noted, data collection by Chinese companies is no worse than by American ones. The CleanTechnica editorial notes that national security rhetoric may be a cover for protectionism.<\/p>\n","protected":false},"excerpt":{"rendered":"
EV sales in the US recover after $7,500 incentive ends; Q2 2026 sees 247,226 units. Proposed Connected Vehicle Security Act targets Chinese tech.<\/p>\n","protected":false},"author":1,"featured_media":711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/comments?post=712"}],"version-history":[{"count":1,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/712\/revisions"}],"predecessor-version":[{"id":713,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/712\/revisions\/713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/media\/711"}],"wp:attachment":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/media?parent=712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/categories?post=712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/tags?post=712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}