It’s like Ford predicted the future. The automaker said EV sales would drop as the $7,500 federal tax credit ended. So, it’s probably not surprising that it was right. However, Ford planned for this quite well. 

Ford was right about EV sales 

Ford and several other makers made it known that EV sales would drop as the $7,500 federal tax credit came to an end. Yes, there was a slight boost in EV purchases in September. 

Ford CEO Jim Farley shared that he wouldn’t be surprised if sales decreased from about 10% per month to 5% after the incentive ended. 

But that was due to drivers wanting to take advantage of the deal before it was too late. Now, electric vehicles are starting to struggle. 

According to Reuters, sales of the Ford F-150 Lightning and Mustang Mach-E slipped by about 25% to 4,709 units in October of 2025 compared to October of 2024. 

Hyundai and Kia EV sales have declined by 52% and 71% compared to last year. Also, Toyota only sold 18 models of its only EV, the BZ. It sold 1,401 of these models in October 2024. 

But interest in gas-powered trucks surged. Sales of the Ranger and Maverick increased by 5% to about 105,771 models. 

This helped Ford offset the losses related to declining interest in electric vehicles. Overall, Ford sales in October of 2025 increased to 175,584 units from only 172,756 in October 2024. 

As drivers tend to back away from fully electric models, many automakers are revising their green plans. For example, Ford, General Motors, and Stellantis have been moving away from EVs in America to prioritize gas and hybrid powertrains instead.