US EV sales drop 2% in 2025 after tax credit ends

U.S. EV demand fell 2% year-over-year in 2025 after the $7,500 federal tax incentive expired. Ford, GM, and Stellantis are reassessing their EV plans. In Q1 2026, OEMs sold 216,399 BEVs. The industry is struggling to regain footing after a record-setting start to the year.