# America's EV Plans Have Died

> US electric vehicle sales plummet after tax credit expiration.
- Title: America's EV Plans Have Died · 24/7 Wall St. | Shortify
- Summary: US electric vehicle sales plummet after tax credit expiration. US electric vehicle sales fell 30.7 percent through first nine months of 2026 after $7,500 tax…
- Keywords: tax credit, sales, biden, federal government, chevrolet, ford, tesla, electric vehicles, auto industry, market share, America's, Plans
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/19/americas-ev-plans-have-died
- Author: Douglas A. McIntyre
- Published: 2026-10-19T14:46:59+00:00
- Read time: 1 min
- Topics: us, ev, tax credit, sales, biden, federal government, chevrolet, ford, tesla, electric vehicles, auto industry, market share
## EV sales decline
US electric vehicle sales fell 30.7 percent through first nine months of 2026.

> US electric vehicle sales fell 30.7 percent through the first nine months of 2026
## Tax credit expiration
The $7,500 EV tax credit expired on September 30, 2026.
## Price gap
Average new EV price was $54,754 versus $50,089 for all new cars.
## Ford's response
Ford sold 509,764 vehicles in Q3, down 6.5% with no new EVs until 2027.
## Market share
Tesla holds over 50% of US EV market with falling unit sales.
## Challenges
EVs have limited range, scarce charging stations, and tire wear issues.
## Key takeaway

US electric vehicle sales fell 30.7 percent through first nine months of 2026 after $7,500 tax credit expired.