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US EV Market Slows in 2026 as Sales Drop 25% in Q2 and EV Share Falls to 7%
['Baburajan Kizhakedath', 'Baburajan Kizhakedath Is The Editor Of Greentechlead.Com. He Has Three Decades Of Experience In Tech Media.']
GreentechLead
Electric car sales in the US exceeded 275,000 units in Q2 of 2026, registering a 20 percent increase from the first quarter.
However, Q2 sales were approximately 25 percent lower than in Q2 2025, highlighting the pressure facing the US EV market, IEA report said.
The dip in EV sales followed the expiration of the US federal EV tax credit in the third quarter of 2025.
Global Q2 EV sales increased 35 percent from Q1 and 4 percent year-on-year, although first-half sales remained around 1 percent below H1 2025.
The figures from IEA point to a challenging transition for the US EV market in 2026.