Updated through June 2020
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 phases out partially or completely for some automakers. Tesla reached the milestone in July 2018 and General Motors reached it in December 2018.
No other automaker is likely to reach the 200,000 unit sales threshold until at least 2022-2023. EVAdoption will update our Federal EV tax credit phase-out tracker every quarter, so check back on a regular basis.
2010 - June 2020** | ||
|---|---|---|
| Tesla | 605,373 | -405,373 |
| General Motors | 234,523 | -34,523 |
| Nissan | 144,913 | 55,087 |
| Toyota Motor Corporation | 127,593 | 72,407 |
| Ford Motor Company | 123,030 | 76,970 |
| BMW | 99,481 | 100,519 |
| Fiat Chrysler Automotive (FCA) | 46,978 | 153,022 |
| Honda Motors | 36,852 | 163,148 |
| Mercedes-Benz | 27,881 | 172,119 |
| Kia | 20,003 | 179,997 |
| Volkswagen | 18,277 | 181,723 |
| Audi | 18,466 | 181,534 |
| Hyundai | 15,593 | 184,407 |
| Porsche | 15,341 | 184,659 |
| Volvo | 14,242 | 185,758 |
| Mitsubishi | 9,815 | 190,185 |
| Jaguar | 4,033 | 195.967 |
| Subaru | 1,660 | 198,340 |
| Land Rover | 250 | 199,750 |
Notes: *As defined by IRS. BMW includes Mini, FCA includes Chrysler, Mercedes-Benz includes smart | **EV Sales beginning Jan 1, 2010 through June 2020 | Auto sales data: InsideEVs Monthly Plug-in Sales Scorecard; Wikipedia; GoodCarBadCar; EVAdoption estimates | *** Tesla does not break out sales by geographic market, so these numbers are estimates | **** GM no longer reports sales data on a monthly basis, but just quarterly – GM numbers are also estimates | Research & Chart: Loren McDonald / EVAdoption.com
Additional Articles and Resources on the Tax Credits:
- Federal EV Tax Credit Phase Out Tracker By Automaker
- Huge Flaws in Federal EV Tax Credit Will Hurt US Automakers Beginning in 2020
- Edmunds: “Elimination of federal tax credits likely to kill U.S. EV market” (wrong)
How The Federal Electric Vehicle (EV) Tax Credit Works - Edmunds – Electric Vehicle Tax Credits: What You Need to Know
- Federal and State Laws and Incentives
- IRS Form 8936 (Form required to file with your tax return)
- IRS: IRC 30D – Plug-In Electric Drive Motor Vehicle Credit Quarterly Sales