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Automakers extend $7,500 EV discount after federal subsidy expires

GM Financial put a down payment on about 30,000 EVs before Oct. 1

Bloomberg NewsbyBloomberg News
October 1, 2025
in Sales & Marketing
Reading Time: 3 mins read
0

General Motors Co., Hyundai Motor Co. and Ford Motor Co. said they would extend discounts on certain electric models after a $7,500 federal tax credit expired Tuesday, a bid to maintain momentum after a surge in third-quarter sales. Car companies are stepping in to preserve discounts and smooth the sell-down of existing EV inventory after […]

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