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EV sales surge amid end of tax credits

Leasing accounted for 70% of electric vehicle transactions in July as buyers rushed to secure up to $7,500 federal tax credits before their expiration on Sept. 30, analysts said.

Summary by Montana Standard
Michael MacGillivray had planned for months to replace his gas-powered Ford Bronco with an electric vehicle.
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‘Hottest Deal Of Summer’: EV Leasing Exploded In July

With the end of the federal tax credits in sight, EV leasing reached near-record highs in July 2025.

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Mason City Globe GazetteMason City Globe Gazette
+7 Reposted by 7 other sources
Center

EV sales surge amid end of tax credits

Michael MacGillivray had planned for months to replace his gas-powered Ford Bronco with an electric vehicle.

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Mason City Globe Gazette broke the news in on Wednesday, August 27, 2025.
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