General Motors saw a sharp decline in electric vehicle sales following the expiration of a major federal tax credit, with losses totaling over 41,000 units—accounting for nearly the entire drop in its U.S. sales. The $7,500 incentive, which had boosted demand for EVs, appears to have directly impacted consumer purchasing decisions. Analysts suggest the shift highlights how financial incentives play a critical role in shaping electric vehicle adoption. The company’s broader sales figures reflect the broader market’s sensitivity to policy changes affecting EV affordability.
GM Lost 41,028 EV Sales After the $7,500 Credit Died. Its Entire U.S. Drop Was 39,373. finance.yahoo.com
