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Backers of electric-vehicle charging, including payments, are hoping for a quick turnaround of EV sales in the U.S., which crashed last month with the end of federal tax incentives.
More than 147,000 EVs were sold or leased in September 2025 alone. The number plummeted to about 64,000 EV sales in October, after the incentives disappeared
• Rebel Group
• Energy Park
• EnviroSpark
• Zouk Capital
The news was grim for electric vehicle market backers in the U.S. in October, after the Trump administration eliminated federal tax incentives of up to $7,500 per new EV purchase. By the end of October, sales were a crushing 44% of the previous month.
The downturn in EV sales, fueled by an anti-clean energy policy in Washington, could also deal a blow to the EV charging market. This could affect ongoing efforts to improve the patchwork of payment solutions for EV charging, though it may be too soon to say how much those efforts will be hindered.
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