New EV registrations surge amid fears Trump could kill $7,500 tax incentive

January 16, 2025 07:27 PM

Tesla's Model Y and Model 3, shown here in a California showroom, remain the top-selling EVs in the U.S. (LAURENCE ILIFF/AUTOMOTIVE NEWS)

U.S. registrations of new battery-electric vehicles surged in November as buyers took advantage of automaker discounts and rushed to lock in the $7,500 federal tax credit prior to the inauguration of President-elect Donald Trump.

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