EV sales peaked. Long live EV sales

20,953 Views | 396 Replies | Last: 5 days ago by GeorgiAg
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:30p, 4/27/26
AG
https://electrek.co/2026/03/27/used-ev-sales-boom-new-ev-sales-drop-28-percent-q1-2026/

Well the elimination of that tax credit resulted in a huge drop off in sales. But used EV sales are booming.

Quote:
The US electric vehicle is market has split into two diverging realities. New EV sales cratered 28% year-over-year in Q1 2026 to just 212,600 units, according to new data from Cox Automotive - but used EV sales surged 12% to 93,500 units, with prices now within $1,300 of equivalent gas cars.

The data, presented in Cox Automotive's Q1 2026 Industry Insights call on March 25, reveals the clearest picture yet of how the federal tax credit's expiration is reshaping the EV market - and creating what may be the best buying opportunity in the history of electric vehicles.


The numbers don't lie. New EV sales have fallen off a cliff.

Quote:
The numbers are stark. Americans purchased just 212,600 new EVs in the first quarter, down from 296,304 in Q1 2025 - a 28% decline. EV market share fell to an estimated 5.8% of total new vehicle sales, matching Q4 2025's share and well below the 7.5% peak reached in Q3 2025.


We'll say it slowly for those in the back: Let the market decide!
The left cannot kill the Spirit of Charlie Kirk.
Reply Quote
50
Burrus86
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:32p, 4/27/26
AG
Damn! I hate it when that happens!
Reply Quote
1
jt2hunt
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to techno-ag • 12:36p, 4/27/26
AG
Tesla q1 this year is 6% higher than last year!
Reply Quote
10
DrEvazanPhD
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:38p, 4/27/26
Are there any EV companies besides Tesla that seem to be able to stand on their own?
Reply Quote
24
aggiehawg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:40p, 4/27/26
AG
How many years ago did I start that very long running thread about how EVs are for a niche market? Remove the subsidies and that niche market will define itself.
Reply Quote
45
HollywoodBQ
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to jt2hunt • 12:45p, 4/27/26
AG
jt2hunt said:
Tesla q1 this year is 6% higher than last year!
How does it look compared to 2 years ago?
Reply Quote
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to jt2hunt • 12:48p, 4/27/26
AG
jt2hunt said:
Tesla q1 this year is 6% higher than last year!
You can get a used one cheap!
The left cannot kill the Spirit of Charlie Kirk.
Reply Quote
2
jt2hunt
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to HollywoodBQ • 12:48p, 4/27/26
AG

Reply Quote
5
deddog
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to DrEvazanPhD • 12:49p, 4/27/26
AG
DrEvazanPhD said:
Are there any EV companies besides Tesla that seem to be able to stand on their own?

I don't think so
The removal of the EV credit will help Tesla in the long run, because it pretty much makes it harder for others to compete against what is so far a great and mature product. Its why Honda simply dropped out of that market.

With also a lot of used EVs, and prices dropping, that's bad news for ICE manufacturers too. People will now be able to pay a couple of 1000 more and get an EV/Hybrid instead of ICE. The percentage of EV / Hybrid consumers that go back to ICE has got to be minimal/ negligible.
Reply Quote
7
BTKAG97
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:53p, 4/27/26
AG
The cost of a used EV would have to plummet to an extreme degree before I would consider buying one. There's way to much risk with the quality of the batteries and how they were maintained by the prior owner.
Reply Quote
30
kubiak03
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
2:17p, 4/27/26
AG
Lots of used EV's are coming off of lease this year. They are only going to drop more in price.
Reply Quote
4
91AggieLawyer
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to deddog • 3:14p, 4/27/26
AG
deddog said:
DrEvazanPhD said:
Are there any EV companies besides Tesla that seem to be able to stand on their own?

I don't think so
The removal of the EV credit will help Tesla in the long run, because it pretty much makes it harder for others to compete against what is so far a great and mature product. Its why Honda simply dropped out of that market.

With also a lot of used EVs, and prices dropping, that's bad news for ICE manufacturers too. People will now be able to pay a couple of 1000 more and get an EV/Hybrid instead of ICE. The percentage of EV / Hybrid consumers that go back to ICE has got to be minimal/ negligible.


Not a prediction but just wondering if Tesla and Toyota will eventually be the only serious players in the EV/Hybrid market. Maybe by 2030.
Reply Quote
1
No Spin Ag
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:17p, 4/27/26
Been saying it from the beginning about hybrids, and the Google machine seems to agree:

Quote:

In early 2026, U.S. hybrid vehicle sales are surging to record highs, continuing a strong upward trend from 2025, while battery electric vehicle (BEV) sales have experienced a slowdown or slight decline, largely due to expiring tax credits. Consumers are increasingly favoring hybrids for their affordability and fuel efficiency over fully electric options.
U.S. Energy Information Administration (EIA) (.gov)
U.S. Energy Information Administration (EIA) (.gov)
+4

Key Sales Trends (20252026):
Hybrid Surge: Hybrid sales (including plug-in hybrids) have seen massive growth, with sales in early 2026 outpacing 2025's record figures.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Reply Quote
FatZilla
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:18p, 4/27/26
AG
Who buys a used rolling battery?
Reply Quote
18
double b
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to DrEvazanPhD • 3:18p, 4/27/26
AG
DrEvazanPhD said:
Are there any EV companies besides Tesla that seem to be able to stand on their own?


Rivian. They have a great product and I'm currently waiting to place my order on my new RS 2.
Reply Quote
8
No Spin Ag
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to double b • 3:21p, 4/27/26
double b said:
DrEvazanPhD said:
Are there any EV companies besides Tesla that seem to be able to stand on their own?


Rivian. They have a great product and I'm currently waiting to place my order on my new RS 2.


And they don't look like a 4 year old draws them.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Reply Quote
6
Buck Turgidson
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:28p, 4/27/26
Rivian headlights are hideous. Worst thing since the Edsel grill. They are crazy fast though. If they fixed those awful headlights they'd be appealing as street trucks that could smoke most cars in a drag race.
Reply Quote
13
TexAgBolter
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Buck Turgidson • 3:41p, 4/27/26
AG
My 8 year old 190,000 mile Tesla Model 3 single motor rear wheel drive smokes most everything on the road.
Reply Quote
14
Aggie95
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to FatZilla • 3:47p, 4/27/26
AG
FatZilla said:
Who buys a used rolling battery?


This! I imagine a used EV is going to be similar to a 4 year old IPhone 14 that won't hold a charge for ****
Reply Quote
5
twelve12twelve
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Aggie95 • 3:48p, 4/27/26
Aggie95 said:
FatZilla said:
Who buys a used rolling battery?


This! I imagine a used EV is going to be similar to a 4 year old IPhone 14 that won't hold a charge for ****

You can change a battery in an iphone.
Reply Quote
3
Teslag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aggiehawg • 3:48p, 4/27/26
AG
aggiehawg said:
How many years ago did I start that very long running thread about how EVs are for a niche market? Remove the subsidies and that niche market will define itself.


The thread where EV sales have grown every year since you posted it and the Tesla Model Y became the best selling vehicle in the world?
Reply Quote
19
Teslag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Aggie95 • 3:49p, 4/27/26
AG
Aggie95 said:
FatZilla said:
Who buys a used rolling battery?


This! I imagine a used EV is going to be similar to a 4 year old IPhone 14 that won't hold a charge for ****


A 4 year old EV is only halfway through its 8 year battery warranty.
Reply Quote
5
Deputy Travis Junior
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:51p, 4/27/26
The first solid state batteries are entering production in late 2026, so very soon there won't be much reason to buy a gas engine car. 600+ mile range, 0-80% charge in 8 minutes, and the ultra fast and smooth acceleration that EVs are known for delivering = why would you buy anything but an EV? Well, unless you're a lolpoor I guess.
Reply Quote
11
Maroon Dawn
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:53p, 4/27/26
AG
Hybrids are fantastic. The wife has a CRV hybrid and it can get us from Dallas to Houston to visit family on the weekend and back on a single tank of gas and still drive to work on Monday.
Reply Quote
3
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Deputy Travis Junior • 3:53p, 4/27/26
AG
Deputy Travis Junior said:
The first solid state batteries are entering production in late 2026, so very soon there won't be much reason to buy a gas engine car. 600+ mile range, 0-80% charge in 8 minutes, and the ultra fast and smooth acceleration that EVs are known for delivering = why would you buy anything but an EV? Well, unless you're a lolpoor I guess.

Utopia is right around the corner.
The left cannot kill the Spirit of Charlie Kirk.
Reply Quote
16
Deputy Travis Junior
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to techno-ag • 3:57p, 4/27/26
I don't know about utopia, but a better, faster, more efficient car is.
Reply Quote
5
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Deputy Travis Junior • 3:58p, 4/27/26
AG
Deputy Travis Junior said:
I don't know about utopia, but a better, faster, more efficient car is.
People were saying the same thing years ago on the old thread. Pardon us if we don't hold our breath.
The left cannot kill the Spirit of Charlie Kirk.
Reply Quote
11
GAC06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Teslag • 4:02p, 4/27/26
AG
Teslag said:
aggiehawg said:
How many years ago did I start that very long running thread about how EVs are for a niche market? Remove the subsidies and that niche market will define itself.


The thread where EV sales have grown every year since you posted it and the Tesla Model Y became the best selling vehicle in the world?


No, the thread where she asked for advantages of EV's and when she didn't like what she heard she tried to change the topic to 18 wheelers.
Reply Quote
13
torrid
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to TexAgBolter • 4:02p, 4/27/26
AG
TexAgBolter said:
My 8 year old 190,000 mile Tesla Model 3 single motor rear wheel drive smokes most everything on the road.

Yet nobody cares. That's probably the car that mfbarnes really does drive.
Reply Quote
5
1 edit
GAC06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Deputy Travis Junior • 4:06p, 4/27/26
AG
Deputy Travis Junior said:
The first solid state batteries are entering production in late 2026, so very soon there won't be much reason to buy a gas engine car. 600+ mile range, 0-80% charge in 8 minutes, and the ultra fast and smooth acceleration that EVs are known for delivering = why would you buy anything but an EV? Well, unless you're a lolpoor I guess.

It's still funny to see people here that are still in denial about the future though.
Reply Quote
7
aggiehawg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Teslag • 4:08p, 4/27/26
AG
Teslag said:
aggiehawg said:
How many years ago did I start that very long running thread about how EVs are for a niche market? Remove the subsidies and that niche market will define itself.


The thread where EV sales have grown every year since you posted it and the Tesla Model Y became the best selling vehicle in the world?

You are a slavish devotee to your username, I'll give you that. OTOH, you don't live on a ranch and routinely haul heavy trailers using a fifth wheel hitch, now do you?
Reply Quote
12
aggiedent
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to double b • 4:11p, 4/27/26
AG
double b said:
DrEvazanPhD said:
Are there any EV companies besides Tesla that seem to be able to stand on their own?


Rivian. They have a great product and I'm currently waiting to place my order on my new RS 2.


The last time I looked at the JD Power reliability rankings, I think last year, Rivan was dead last………….gas, electric, and hybrid included.
Reply Quote
6
HollywoodBQ
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to TexAgBolter • 4:16p, 4/27/26
AG
TexAgBolter said:
My 8 year old 190,000 mile Tesla Model 3 single motor rear wheel drive smokes most everything on the road.

Sounds like a Beach Boys song.

I'm waiting to hear about how:
Quote:
She'll do a hundred and forty with the top end floored

Reply Quote
5
No Spin Ag
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Deputy Travis Junior • 4:23p, 4/27/26
Deputy Travis Junior said:
The first solid state batteries are entering production in late 2026, so very soon there won't be much reason to buy a gas engine car. 600+ mile range, 0-80% charge in 8 minutes, and the ultra fast and smooth acceleration that EVs are known for delivering = why would you buy anything but an EV? Well, unless you're a lolpoor I guess.


8 minutes? Eff, that's fast.

If you can get that speed at a charging station you'll see people who live in apartments start buying them.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Reply Quote
2
techno-ag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to GAC06 • 4:24p, 4/27/26
AG
GAC06 said:
Deputy Travis Junior said:
The first solid state batteries are entering production in late 2026, so very soon there won't be much reason to buy a gas engine car. 600+ mile range, 0-80% charge in 8 minutes, and the ultra fast and smooth acceleration that EVs are known for delivering = why would you buy anything but an EV? Well, unless you're a lolpoor I guess.

It's still funny to see people here that are still in denial about the future though.
Oh, we're not in denial. We're just … still waiting. Every year we hear about how great EVs are going to be.

The left cannot kill the Spirit of Charlie Kirk.
Reply Quote
19
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.