TEXAS — Those in the electric vehicle market are buckling up for a bumpy ride. As the end of the clean vehicle tax credit looms, the deadline has dealers and consumers racing to buy and sell their electric dream cars before federal incentives expire.

The clean vehicle tax credit was introduced by the 2022 Inflation Reduction Act, and it lowered the upfront cost of going electric for certain EVs to get more people to make the switch. The incentive allowed buyers to get up to $4,000 for used EVs and $7,500 for new EVs.

EV dealer lots across Texas are bracing for an immediate impact on sales as the financial incentive sunsets.

Dealerships like Austin’s e-Autos are clearing out their inventory before the incentive ends. Brian Fosbury and his brother have specialized in selling pre-owned car

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