US EV Sales Slump 25%: Policy Uncertainty and the Hybrid Pivot
US EV sales slump 25%: policy uncertainty and the hybrid pivot. The $7,500 federal tax credit expired on September 30, 2025, triggering a 45% drop in Q4 EV sales and the first annual decline in at least a decade. As EV market share fell to 7.8%, hybrids surged to nearly 20% of new vehicle sales. This data-driven analysis breaks down the annual and quarterly numbers, the policy triggers, the hybrid pivot, the price dynamics, and what the post-credit market actually looks like.










