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BYD’s subcompact EV Dolphin has sold over 1 million units, joining Tesla’s elite. Affordable and practical, it’s popular in China and expanding in Europe, backed by fast charging and strong performance.

Used electric vehicles are now the fastest-selling cars in the U.S., with Teslas leading the charge. According to Edmunds, affordable pricing, low mileage, and strong tech value are driving buyers toward pre-owned EVs despite limited supply.

Tesla has rolled out a direct rental program in California, letting customers rent its EVs from $60 per day with free charging and unlimited mileage. The pilot seeks to boost demand after the federal EV tax credit expired.

After the federal EV tax credit expired, U.S. electric vehicle prices rose and leases declined, sparking market concerns. Yet data from Edmunds shows EV interest remains strong, suggesting the market is stabilizing toward long-term value and sustainability.

EV sales in the U.S. have fallen sharply since the federal tax credit ended, dropping from 12% to 5% market share in a month. Automakers are cutting prices and slowing production as demand cools, signaling tough times ahead for the electric car market.

GM achieved record EV sales in 2025, yet announced a $1.6B loss after federal policy reversals ended key tax credits. As the automaker cuts EV production and faces new tariffs, it’s learning the high cost of rapid shifts in U.S. energy policy.

California hit a record 29.1% EV share of new auto sales in Q3 2025, showing continued growth despite federal policy changes. With over 200,000 public chargers and expanding model options, the state remains the nation’s leader in electric adoption.

Ford’s F-150 Lightning remains America’s best-selling electric pickup, with over 10,000 units sold in Q3 2025. Tesla’s Cybertruck and Rivian’s R1T, meanwhile, saw steep declines, reflecting slower EV truck adoption despite broader market growth.