Total electric vehicle registrations dropped 44 percent in September, falling to 93,524 units. The steep decline is attributed to a buying rush the previous year, when consumers rushed to purchase EVs before the federal tax credit expired. The year-over-year comparison highlights how the timing of tax incentives can create volatile swings in monthly sales figures.
Total electric vehicle registrations fell 44 percent to 93,524 in September. The steep drop reflected a year-earlier buying rush before the federal tax credit expired.
