EV sales in Q3 were down 38.6% from a year ago, but that decline was widely expected, as Q3 2025 was the best quarter ever for EV sales in the United States as consumers rushed to take advantage of expiring federal incentives. Beyond the year-over-year decline, the latest results suggest the market continues to recover from a sharp correction. [...] Nearly every automaker posted lower year-over-year EV volume in Q3, although a handful stood out. Toyota and Lexus continued to gain momentum, with EV sales jumping fivefold year over year. Rivian delivered one of the strongest performances in the industry, with sales rising 46% from a year earlier, while Subaru posted 31% growth, supported by an expanding EV lineup. The results demonstrate a singular truth in the auto industry: Consumers respond to compelling new products. [...] “What we’re seeing now is a market finding its footing again,” said Stephanie Valdez Streaty, director of Industry Insights at Cox Automotive. “The third quarter was the best result in a year, and improvement through 2026 suggests the reset phase is largely behind us. The next stage of growth will be driven by great products, competitive pricing, and automakers that continue to give consumers compelling reasons to make the switch. And high pump prices are likely helping as well. With gas prices

