Back to today’s briefing

Story perspectives

EV Tax Credit Expiration Threatens Sustainable Growth

7/5/2025

50 6

Summary

EV Tax Credit Expiration

The U.S. federal EV tax credit, offering $7,500 for new and $4,000 for used electric vehicles, is set to expire on September 30, 2025. While this may spark a temporary rush in sales, it poses a significant threat to the long-term growth and affordability of electric vehicles, jeopardizing the automotive industry's shift towards sustainability.

Summary

Rivian, Lucid Benefit

Rivian and Lucid are poised to benefit from the looming expiration of the $7,500 EV tax credit on September 30, 2025, sparking a potential buying frenzy among consumers. Yet, both companies grapple with production delays and unmet delivery goals, casting shadows over their long-term growth prospects.

1 of 2

EV Tax Credit Expiration

The U.S. federal EV tax credit, offering $7,500 for new and $4,000 for used electric vehicles, is set to expire on September 30, 2025. While this may spark a temporary rush in sales, it poses a significant threat to the long-term growth and affordability of electric vehicles, jeopardizing the automotive industry's shift towards sustainability.

1 / 2