CleanTechnica•12 days ago
Hyundai IONIQ 5 Sales Actually Up This Year!
Key Takeaway
The expiration of EV tax credits is significantly impacting overall EV market growth, which could moderate future electricity demand projections for developers and large consumers, despite some models showing resilience.
AI Summary
- •The overall US EV market is experiencing a downturn in 2025, with sales for Ford, Nissan, and Tesla reportedly down.
- •This market contraction is attributed to the ending of the $7,500 US EV tax credit, highlighting the significant impact of policy incentives on consumer adoption.
- •Despite the general market trend, Hyundai IONIQ 5 sales are up, indicating potential resilience for specific EV models or brands even without direct federal incentives.
Topics
financingoempolicy
Article Content
Last night, I wrote about how Ford and Nissan EV sales collapsed in the US in 2025. Tesla sales also weren’t good, and the overall US EV market is clearly down following the ending if the $7,500 US EV tax credit. So, I was quite surprised to see that the ... [continued] The post Hyundai IONIQ 5 Sales Actually Up This Year! appeared first on CleanTechnica .