US EV sales rise 7.7% in Q3 as market recovers from tax credit expiry

US EV sales reached 266,630 units in Q3 2026, up 7.7% from Q2 but down 38.6% year over year after the $7,500 federal tax credit expired. EVs accounted for 6.5% of new car sales, up from 5.8% in Q2. Tesla Model Y and Model 3 lead, with Hyundai IONIQ 5 third at 31,112 units.

• US EV sales hit 266,630 units in Q3, up 7.7% from Q2
• EV share of new car sales rose to 6.5% from 5.8% in Q2
• Hyundai IONIQ 5 ranked third with 31,112 units sold
• Toyota and Lexus EV sales surged 328% and 442% year over year