EV Sales Surge Before Federal Tax Credit Expiry
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Major automakers including Tesla, Ford, GM, Hyundai, and Rivian reported record EV deliveries in Q3 2025 as U.S. consumers rushed to buy before the $7,500 federal tax credit expired on September 30.
Tesla alone delivered 497,099 vehicles, a 29% jump from the previous quarter. Analysts say the key question now is how automakers will manage potential slowdowns in a post-credit market while protecting margins as 2026 models arrive.