The federal tax credit for electric vehicles ended last fall, but you can still access government-funded discounts for electric vehicles — if you live in the right state.
Americans still buy a lot of big pick-up trucks. On top of that, the Trump administration ended subsidies for electric vehicles and stopped enforcing fuel efficiency rules.
In four years, the Chinese EV carmaker has sold almost 250,000 electric and plug-in hybrid vehicles in the country, with the goal of being the No. 1 car seller there by 2030.
With federal tax credits gone and carmakers refocusing on gas-powered SUVs and trucks, the electric vehicle market was already struggling. The rising cost of fuel and a growing stock of used EVs change the math for consumers.