US EV Sales Crush Records in August
Sep 1, 2025
Demand for EVs is surging, thanks in part to the expiring federal tax credit of $7,500 for new EVs and $4,000 for used ones.
This past August 2025 saw 146,332 EVs sold, according to Cox Automotive's Kelley Blue Book, setting another record that comes on the heels of the previous record holder of 365,824 EVs sold in Q4 of 2024.
August's spectacular numbers gave EVs a market share boost too, bringing the number to 9.9% of total new car sales, up from 9.1% in July - and the highest yet.
Meanwhile, Tesla's market share is shrinking as new entrants from legacy automakers enter the EV market - a promising sign that electric cars are entering the mainstream and are no longer niche.
Current growth projections put EVs at 27% of total new car sales by 2030 - or approximately 4.1 million units.
While analysts debate the speed at which EVs will reach critical milestones in the percentage of new cars sold, the trajectory is clear: they are going nowhere but up.
So the question for you becomes: is your building prepared?
Source: Electrek
