Federal EV Tax Credit Phase Out Tracker By Automaker

Current table below includes sales data from the

InsideEVs Monthly Plug-in Sales Scorecard – through November 2018

Manufacturer*

Total Sales
2010 - Nov. 2018**
# To
Reach
200,000
Likely
to Reach
200,000
Audi9,523190,4772025
BMW79,859120,1412023
Fiat Chrysler Automotive (FCA)37,349162,6512025
Ford Motor Company111,71588,2852022
General Motors ****203,960-3,9602018 Q4
Honda Motors20,596179,4042025
Hyundai8,455191,5452025
Jaguar170199,8302027
Kia11,868188,1322025
Mercedes-Benz17,247182,7532024
Mitsubishi5,942194,0582025
Nissan127,87572,1252021
Porsche9,627190,3732025
Tesla ***320,073-120,0732018 Q3
Toyota Motor Corporation93,011106,9892021
Volvo8,601191,3992024
Volkswagen12,192187,8082023

Notes: *As defined by IRS. BMW includes Mini, FCA includes Chrysler, Mercedes-Benz includes smart | **EV Sales beginning Jan 1, 2010 through November 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 reached it in December 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 pretty significantly, especially with direct competitors (Hyundai Kona, Kia Niro BEVs) coming to market in 2019. 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: