Automakers Brace for EV Demand Decline Following Tax Credit Elimination

Automakers brace for EV demand decline without tax credit

DETROIT — Automakers are bracing for a drop in electric vehicle demand after sales surged in the final days of the federal tax credit for plug-in vehicles.

Hyundai IONIQ 5 Price Cut Lets The EV Incentives Cat Out Of The Bag - CleanTechnica

Hyundai slashed prices on the Ioniq 5 by nearly $10,000 after the federal tax credit expired. What if others followed suit? The post Hyundai IONIQ 5 Price Cut Lets The EV Incentives Cat Out Of The Bag appeared first on CleanTechnica.

Automakers brace for EV demand decline following tax credit elimination

DETROIT — Automakers are bracing for a drop in electric vehicle demand after sales surged in the final days of the federal tax credit for plug-in vehicles. Read more...

Hyundai IONIQ 5 Price Cut Lets The EV Incentives Cat Out Of The Bag

Hyundai slashed prices on the Ioniq 5 by nearly $10,000 after the federal tax credit expired. What if others followed suit? The post Hyundai IONIQ 5 Price Cut Lets The EV Incentives Cat Out Of The Bag appeared first on CleanTechnica.

Hyundai slashes 2026 Ioniq 5 prices after tax credits end

On the Dash: Hyundai lowered 2026 Ioniq 5 prices by an average of $9,155, with some trims dropping nearly $10,000. Reductions exceed the $7,500 federal tax credit buyers previously qualified for, making price a non-factor in the segment. The cuts apply to all trims, with potential future reductions for other Ioniq models possible but unconfirmed. Hyundai has significantly reduced prices on its 2026 Ioniq 5 electric SUV, with cuts averaging more…