Ford, Hyundai report large declines in October EV sales after end of federal credits

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Ford, Hyundai report large declines in October EV sales after end of federal credits

cnbc.com/2025/11/03/ford-hyundai-ev-sales.html

DETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday.
Ford Motor, Kia and Hyundai Motor reported massive declines in EV sales as many buyers pulled ahead purchases before…

This story appeared on cnbc.com, 2025-11-03 16:29:12.795000.