The #1 Source for New Electric Cars, Deals & Expert Advice
EV News

The Federal EV Tax Credit Has Ended: What It Means for Buyers Now

July 14, 2026 · 1 min read

Modern EV dealership showroom

The federal tax credit of up to 7,500 dollars for new electric vehicles expired on September 30, 2025, removing the single largest purchase incentive in the American EV market. The practical effect for shoppers has been a shift in where the savings come from: automakers and dealers have leaned harder on direct discounts, subsidized lease programs, and complimentary home charger bundles to keep monthly payments competitive. State and utility incentives remain available in many regions and now matter more than ever, so buyers should check local programs before negotiating. The upside of the transition is transparency, since the discount now shows up in the negotiated price rather than at tax time.