U.S. EV Sales CRASH 57%! Nobody Saw This October Meltdown Coming
What if the electric vehicle boom you’ve been hearing about isn’t quite the runaway train we thought it was? Stick around. The story just got more complex. Sadly, the warnings from General Motors and Ford Motor Company that EV sales would hit turbulence aren’t looking out of touch. They’re increasingly looking precient. In the United States, the market for fully electric vehicles has hit an abrupt slowdown, and the numbers are hard to ignore. While EVs still represent a meaningful portion of the auto market, the pace of growth has shifted. In June 2025, around 93,000 battery electric vehicles were sold in the US, while plug-in hybrids added nearly 20,000 units. That meant plug-in vehicles made up about 9% of all light duty vehicle sales that month. But here’s the kicker. Analysts now forecast that for October 2025, the share of EVs could collapse to around 5%. That drop from a double-digit share to mids single digits marks a serious recalibration in the market. To broaden the lens, globally, EV sales are still climbing. More than 360,000 electric cars were sold in the US during the first three months of 2025, about 10% more than the same period in 2024. And worldwide, EV sales reached nearly 18 million units in 2024 with projections showing over 21 million in 2025. So, the global trend remains strong even as the US market slows down. Why the turbulence? Now, a few key factors. Vehicle affordability is under pressure. Manufacturer discounts are rising and economic challenges like inflation continue to weigh on consumer spending. Average EV discounts in recent months increased by more than $2,000 compared to last year. At the same time, overall auto sales in the US slipped slightly with about 1.29 million new vehicles sold in October, down from the stronger summer quarter. Amid the slowdown, there is one outlier, Tesla. While Tesla’s US registrations have seen some regional dips, the company delivered record global results in the third quarter of 2025, producing over 440,000,000 vehicles and delivering nearly 500,000. That shows Tesla’s global reach and scale continue to give it a powerful advantage even when the market cools. So yes, I still believe that electric vehicles will one day account for 100% of car sales in the US. But right now, that milestone feels further away. The market isn’t collapsing, it’s simply adjusting. The era of explosive growth is giving way to a more measured phase defined by cost challenges, infrastructure limits, and evolving consumer preferences. Here’s the takeaway. Growth isn’t dead. It’s taking up breather. EV makers now have to prove they can thrive in a tougher environment. Buyers care more than ever about price, range, and trust in the brand. And hybrids will stay in the mix longer than many expected. If you’re tracking where the EV market is heading, what’s cooling, what’s still rising, and what that means for car buyers, make sure to hit subscribe for more updates.
The electric vehicle boom isn’t over — but it’s definitely hitting a wall.
In this video, we break down the shocking slowdown in U.S. EV sales, why growth is stalling, and what it means for automakers like Tesla, GM, and Ford.
While global EV sales are still climbing, the U.S. market is showing signs of fatigue — from steep discounts to higher interest rates and tightening budgets. Analysts like J.D. Power and S&P Global Mobility now project EV market share dropping from double digits to just around 5% by October 2025.
So what went wrong? And what’s next for the EV revolution?
We’ll explore the data, the causes, and the key takeaways for buyers, investors, and anyone watching the electric future unfold.
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