US EV Sales Rebound to Highest Level in a Year
Q3 2026 data from Cox Automotive shows US EV sales climbed 6.1% over Q2, reaching the strongest quarterly volume in twelve months. Automakers absorbed the gap left by expiring federal incentives through adjusted pricing and financing deals.
- Q3 volume highest since Q3 2025; Toyota, Lexus, and Rivian led gains
- Federal purchase credits expired in 2026; OEMs responded with direct price cuts
- VW US EV sales remain an outlier, down ~90% year-on-year