Federal EV Tax Credit Phase Out Tracker By Automaker

Current table below includes sales data from the

InsideEVs Monthly Plug-in Sales Scorecard – through July 2018

Manufacturer*

Total Sales
2010 - July 2018**
# To
Reach
200,000
Likely
to Reach
200,000
Audi8,663191,3372025
BMW72,017127,9832023
Fiat Chrysler Automotive (FCA)34,123165,8772025
Ford Motor Company109,22790,7732022
General Motors ****186,66813,3322018 (Q4)
Honda Motors12,931187,0692025
Hyundai8,004191,9962025
Kia9,908190,0922025
Mercedes-Benz16,079183,9212024
Mitsubishi4,513195,4872025
Nissan122,63577,3652021
Porsche8,682191,3182025
Tesla ***221,998-21,9982018 (Q3)
Toyota Motor Corporation84,414115,5862021
Volvo7,136192,8642024
Volkswagen12,854187,1462023

Notes: *As defined by IRS. BMW includes Mini, FCA includes Chrysler, Mercedes-Benz includes smart | **EV Sales beginning Jan 1, 2010 through July 2018 | Auto sales data: InsideEVs Monthly Plug-in Sales Scorecard; Wikipedia | *** Tesla does not break out sales by geographic market, so these numbers are estimates from InsideEVs | GM no longer reports sales data on a monthly basis, but just quarterly – GM numbers are also estimated by InsideEVs | Research & Chart: Loren McDonald / EVAdoption.com

Consumers, analysts, electric vehicle advocates, lawmakers and others are all curious about what will happen to the growth in EV sales when the US Federal EV tax credit begins to phaseout for some automakers. We won’t know of course until the credit phase out actually begins for some manufacturers. Tesla reached the milestone in July 2018 and General Motors is expected to in Q4 2018.

Our view at EVAdoption is that the credit phase out will have only a minor impact on the Tesla Model 3, but could hurt sales of GM’s Chevrolet Bolt and Nissan’s LEAF. However, beyond GM and Tesla, no other automaker is likely to reach the 200,000 unit sales threshold until around 2021-2022 at the earliest.

EVAdoption will update our Federal EV tax credit phase-out tracker every few months, so check back on a regular basis.

Additional Articles and Resources on the Tax Credits: