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Story summary
- EV sales fell after President Donald Trump ended the $7,500 tax credit.
- Budget models under $40,000 expanded in the United States.
- By 2026 over a dozen EVs will exceed 250 miles per charge for under $40,000, per the U.S. Department of Energy and Car and Driver.
- The study excludes trucks, vans, and models above $80,000, covering only sedans and SUVs sold in Q1 2025 and Q1 2026.
