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The Chevrolet Equinox EV led all non-Tesla electric vehicles in U.S. sales in 2025, surpassing the Mustang Mach-E. As incentives fade, new affordable EVs and upcoming models could reshape the market in 2026.

BMW achieved record U.S. sales in 2025, driven by strong demand for plug-in hybrids. EV sales fell sharply, especially in Q4, as tax credits ended, prompting BMW to lean on PHEVs and prepare for the iX3 launch.

Costco’s Auto Program now offers EV discounts of up to $2,000 on select Cadillac and Volvo models. The incentives are available through March 2, can be stacked with other offers, and include attractive financing options.

Tesla remained the top seller in the used EV market in 2025, led by the Model 3 and Model Y. However, rising competition from Ford, Volkswagen, and Hyundai shows the market is diversifying as supply and affordability improve.

Ford set new hybrid sales records in 2025 while its EV business declined amid policy shifts and canceled models. The results show strong demand for partial electrification, even as Ford resets its long-term EV strategy.

Lucid doubled production in 2025 and delivered a record fourth quarter despite EV market headwinds. Strong late-year growth highlights manufacturing improvements, while Gravity and the upcoming Project Midsize will define the company’s next growth phase.

Lucid has started real-world testing of Gravity-based robotaxis in San Francisco with Uber and Nuro. The Level 4 autonomous vehicles aim for a 2026 public launch and a global fleet of over 20,000 units.

Donut Lab says its all-solid-state battery has reached commercial production, delivering 400 Wh/kg energy density, five-minute charging, extreme temperature stability, and real-world use in Verge’s TS Pro electric motorcycle.