
EV Demand Rebounds, Signaling Stabilization After Tax Credit Phase-Out
Cox Automotive data show U.S. EV sales rose 14.2% quarter-over-quarter to 247,226 in Q2 2026—the strongest quarter since the federal EV tax credit expired—though they remain about 20.5% lower year-over-year; Tesla led with 124,800 deliveries, Toyota posted a 225% YoY surge amid a refreshed lineup, and automakers are pushing more affordable EVs as charging networks expand and state incentives persist, signaling market stabilization after the post-credit shock.













