Federal tax credits for electric vehicles expired last year, prompting automakers to adjust their strategies and consumers to reconsider purchases. Dealers report a noticeable shift in demand, with some buyers delaying purchases or opting for hybrid models instead. The policy change has also led to price adjustments, as manufacturers respond to market dynamics without the financial incentives. Industry analysts are now assessing the long-term impact on EV adoption and the broader automotive market.
One year later, here's what happened after EV tax credits died USA Today
