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America's electric car market runs out of juice with sales plunging much as 80%
(www.dailymail.co.uk)
this post was submitted on 04 Nov 2025
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By design. Evs are incredibly expensive and without the rebates, even more so.
We started shopping for an EV about a month before the rebate expired and ended up getting a used one that wouldn't have qualified for the rebate a couple weeks after the deadline. It was pretty clear to us that most used EVs that qualified were snapped up in the preceding weeks. As far as new EVs, we saw a moderate price drop after the rebates. Not quite enough to cover the lost rebates but it was clear manufacturers were trying to compensate.
All this to say I suspect the rebate expiration led to a bunch of used EV sales eating into new EV sales and I don't see a huge price difference on new EVs post-rebate. EVs are a little pricier than their ICE counterparts but I don't think the rebate expiration made much of a difference to consumers. Pretty clear manufacturers were the real beneficiaries.