Drooid Logo
Back to today’s briefing

Story perspectives

EV Sales Dip as Trump Cuts Credit, $40K Models Rise

4/28/2026

49 7 Full Breakdown

1 of 1

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.