Ford Mustang Mach-E is presented at the New York International Auto Show in Manhattan on April 5, 2023. David ‘Dee’ Delgado/ReutersSeveral car makers reported a slump in electric vehicle (EV) sales in the United States in October—the first month without a federal tax credit.Dearborn, Michigan-based Ford on Nov. 3 reported that its October EV sales plummeted nearly 60 percent from September, to just 4,709 units, while hybrid vehicle sales held steady at 17,498 units.
Ford, Hyundai, and Kia EV Sales Plummet After Federal Tax Credit Expires
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