Counterpoint maintains an optimistic outlook on the future of EV sales in the US. Although revised regulations have narrowed down the list of vehicles eligible for tax credits, they are still expected to have a significant influence on demand. Additionally, the early stages of economic recovery are likely to drive further interest in electric vehicles. It is worth noting that the increasing domestic production of certain EV models, such as the VW ID.4 and future Hyundai offerings, will expand the range of cars eligible for tax credits.
