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221 EV Sales Plummet In October After Federal Tax Credit Ends

Slashdot
BeauHD @ Slashdot · today 05:00 EDT

EV Sales Plummet In October After Federal Tax Credit Ends

Longtime Slashdot reader sinij shares a report from Car and Driver: Sales of electric vehicles surged in September as shoppers rushed to take advantage of the $7500 federal EV tax credit before it disappeared at the end of the month. With the government subsidies now gone, EV sales were expected to take a hit in October. While only a few automakers still report sales on a monthly basis, the results we do have do not paint a rosy picture for EVs in a post-tax credit world.

The Korean automakers were hit pa

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