Last-Minute Surge in EV Sales as Federal Tax Credit Nears Expiration
Last-Minute Surge in EV Sales as Federal Tax Credit Nears Expiration A significant federal tax credit for electric vehicles (EVs) is set to expire this Tuesday, triggering a frantic last-minute buying spree across the nation, with Southern California experiencing a notable spike in demand. Consumers are flocking to dealerships and auto shows to secure incentives offering up to $7,500 off new EVs and $4,000 off used models before the benefit, tied to a new Trump administration policy, concludes. The rush…