US Electric Car Market Bounces Back Post-Incentive Amid Policy Debates
US EV sales rose in Q2 2026 to 247,226 (up 14.7% QoQ) but remain about 20% below the 2025 peak, signaling a market stabilizing after the federal incentive ended. Long-term adoption still looks positive with new models and state incentives helping demand, though BloombergNEF now trims its 2030 outlook to about 17% market share. Cox Automotive puts current US EV share at 5.8%. Infrastructure has expanded to over 250k charging points. Separately, a bipartisan Senate bill would restrict Chinese-connected software and hardware in vehicles, potentially reshaping imports and advantaging domestic automakers while raising questions about consumer data rights. Overall, the trend is a cautious but ongoing expansion of EVs in the US.