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US EV Sales Rebound to Highest Level Since Tax Credit Ended

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Image Credit: insideevs.com

Electric vehicle sales in the US have rebounded, with the second quarter of 2026 seeing the highest sales since the federal EV tax credit ended. According to new data from Cox Automotive, US automakers collectively posted their strongest results since the tax credit expired last September.

Carmakers sold 247,226 EVs in the US between April and June, marking a 14.2% quarter-over-quarter increase. While sales remained down compared to a year ago, Q2 marked the best quarter for EVs in the post-tax-credit era, suggesting the market is beginning to recover from last year's policy shocks.

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Tesla continued to have a commanding lead, selling 124,800 units in the second quarter, a 6.4% growth over Q1 2026 but 9.6% down from Q4 2025. The Model Y remained America’s best-selling EV with Q2 sales increasing 8.0% over Q1 at 84,863 units, followed by the Model 3 with 34,944 units and a 10% growth over the previous quarter.

The Hyundai Ioniq 5 and the Toyota bZ4X were the third and fourth best-selling electric models with 10,940 and 7,524 sales, respectively. The Ford Mustang Mach-E rounded out the top five with 7,032 units sold. Toyota stood out as one of the quarter's biggest success stories, with EV sales surging 225% year over year to 11,826 units.


Source: insideevs.com

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