US Electric Car Sales Hit Record High in August, But It Might Not Last

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Following an early 2025 decline in EV sales, Americans bought more electric cars in August than ever before, making up 9.9% of all new cars sold, according to Kelly Blue Book.

Shoppers could be trying to buy before the $7,500 federal tax credit expires on Sept. 30 per Trump’s Big Beautiful Bill. The $4,000 used EV credit and a leasing loophole are also going away. So, whether you’re buying new or used,…