
Ironic: Donald Trump increases sales of electric vehicles unwittingly
As a reminder, from his first day of presidency, Donald Trump signed a decree to remove incentives for electric vehicles. Then, last month, the Congress Republicans voted for the abolition of the tax credit of $ 7,500. However, this bonus makes these models more affordable and Tesla’s business is largely based on.
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The end of federal aid boosts electricity sales
So inevitably, we say that this political hostility from Donald Trump was going to drop sales: the exact opposite that occurs. Americans rush to take advantage of these credits before their scheduled expiration for September 30. Car manufacturers add a layer by offering discounts and incentives. It is a snowball effect.
JD Power plans that electric vehicles will represent 12.8 % of automotive sales in August, an increase of 3.2 % over one year. The increase of 1.6 % compared to the figure in July is a historic record which exceeds the previous peak of December 2024 with 11.2 %. “The approaching twilight pushes consumers to accelerate their purchase”explains Tyson Jominy, senior data vice-president at JD Power.
The Americans are therefore in an emergency in the face of the imminence of the abolition of this boost of $ 7,500. Donald Trump’s electrical anti-vehicle policy is not likely to arrange things. Manufacturers do their best to attract undecided who have arguments not to go to electric vehicles. In some brands, there are discounts up to 6,700 dollars, or 1,500 dollars more than in July.
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This is a situation all the more historic since, now, the average cost of an electric vehicle is below that of a combustion model in the United States. Government incentives therefore have an impact on the automotive market. But unfortunately in this case, it is the imminent abolition which causes consumer alarm clock.
Inexpensive vehicles to straighten the bar?
Tyson Jominy estimates that there are 197,000 new and used electric vehicles among dealerships in August. The drop is 10,000 compared to July. But at the end of the $ 7,500 bonus, dealers are likely to end up with expensive stocks under their arms. Experts therefore anticipate a fall in sales of electric vehicles in the second part of the year 2025.
Fortunately, there will remain more affordable models on the horizon to sell and the loss of federal support could be only a temporary obstacle. Tesla, Toyota, Volkswagen and Ford all want to launch more accessible electric vehicles. The batteries improve, autonomy is progressing and even the recharging infrastructure is strengthening in the territory.
So yes, the United States is late compared to China and its behemoths, Of which Byd in mindbut there is enough to keep hope. Electric vehicles have a lot of advantages such as driving deemed more pleasant and lower maintenance costs, in addition to an extensive lifespan.
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