EV Market Will Crash by Year-End, According To Experts

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that EV sales are expected to collapse in Q4 of this year, following a temporary high in Q3. According to Cox Automotive, the expiration of the $7,500 tax credit and persistent concerns about EV range, charging time, and maintenance are discouraging buyers. McIntyre connects this shift to broader economic pressures and emerging energy policies under the new Trump administration.