US EV Industry Transforms As Expired Incentives Become New Reality

2025-10-14 02:44:48

(MENAFN- Investor Brand Network) After years of supporting American electric vehicles, federal tax credits purchases ended on October 1st and eliminated tax incentives for both new and used electric cars . Although buyers rushed to complete purchases before the deadline and created a temporary sales surge , the U.S. electric vehicle market is facing demand uncertainty now that the subsidies that allowed costly EVs to be price competitive with gas-powered cars are no more.

All eyes will now be on other EV startups like Bollinger Innovations, Inc. (NASDAQ: BINI) to assess how they are responding to a changed market in...

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