agent Entrepreneur logo
MenuMENU
SearchSEARCH

U.S. EV Sales Off Global Trend

Worldwide deliveries rose 20% in 2025, but American demand dropped sharply in the fourth quarter when a federal incentive ended, cutting sales 4% year-over-year.

January 15, 2026
man holding up sales report and pointing with pencil

EV sales in the U.S. are expected to decline by 29% in 2026, according to Rho Motion.

Credit:

Canva

2 min to read


Global electric-vehicle sales jumped 20% in 2025 with nearly 21 million units sold, reported Rho Motion based on data from Benchmark Mineral Intelligence. But North America didn't join in the upswing, instead declining by 4% year-over-year. 

“In North America, it will come as no surprise that the year has been tumultuous for the region,” said Benchmark Mineral Intelligence Data Manager Charles Lester. “A year on from (U.S. President Donald) Trump’s inauguration, he has delivered on many of the promises he made to roll back the EV buying incentives and is attempting to domesticate manufacturing.”

Ad Loading...

August and September saw record EV sales in the U.S. as consumers raced to take advantage of the federal tax credit that expired on Oct. 1 The following fourth-quarter sales decline was therefore expected, and as a result U.S. EV sales grew by just 1% over the course of the year. The Canadian EV market also fell after the removal of subsidies in early 2025, resulting in a 41% drop in sales over the year. 

The future of the U.S. EV market looks weak, according to the report, with sales expected to decline by 29% in 2026. Over the next few years, several range-extended electric vehicles, or REEVs, are slated to enter the U.S. market and “are well aligned with North American consumer preferences for larger vehicles and reduce[d] reliance on charging infrastructure by not operating solely on electricity.” Plug-in hybrid electric vehicle interest is also waning. Stellantis, for instance, is planning to cut its entire PHEV lineup this year. 

More Industry

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...