Automotive & EV

New EV sales drop 28% in Q1 2026, but used EVs surge 12% to near-record levels

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New EV sales plummeted 28% year-over-year in Q1 2026, while used EV sales surged 12%, nearing record levels. This shift highlights the federal tax credit's expiration impact and offers developers and tech professionals insights into consumer behavior post-incentive changes. The narrowing price gap between used EVs and gas cars signals a potential boom in affordable electric vehicle adoption.

Read the full article at Electrek

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