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So now that the tax credits are gone we should expect to see the sticker prices on new EVs to drop right? Right? Any day now?
by jandrese 9mo ago
So now that the tax credits are gone we should expect to see the sticker prices on new EVs to drop right? Right? Any day now?
- neogodless 9mo agoHyundai and Kia did exactly that...
- recursive 9mo agoThis happened a few years ago, at least accounting for the dealer markups.
- loeg 9mo agoNo, it was only a few months ago when the EV credit was ended.
- kjshsh123 9mo agoTax incidence is pretty much a solved concept.
- Rebelgecko 9mo agoIdk why you make it sound like a hypothetical lol, the tax cuts already expired and price cuts already happened. HMC dropped their prices by $7k+ right after the tax credit expired
- rootusrootus 9mo agoYes. Ask Tesla owners who bought at certain times in the past just how much the loss of the tax credit can hurt resale value when the manufacturer adjusts the price to account for it.
- loeg 9mo agoYes, exactly. https://www.edmunds.com/car-news/2026-hyundai-ioniq-5-price.html https://www.edmunds.com/car-news/2026-hyundai-ioniq-5-price....