=?UTF-8?Q?Re=3A_EV_Tax_Credits_Expire_Sept=2E_30_=E2=80=93_Which_States_?= =?UTF-8?Q?Rely_Most_on_Them=3F_=5BLendingTree_Study=5D?=

Hi Larry,

I wanted to circle back around LendingTree’s new study on the looming end
of the federal EV tax credit — and which states stand to lose the most when
it expires on Sept. 30.

Key takeaways

   -

   Top states at risk of losing the most from the EV tax credit expiration
   -

      West: California, Washington, Colorado, Arizona
      -

      South: Texas, Florida, Virginia
      -

      Northeast: New Jersey, New York
      - Midwest: Illinois


   - Americans claimed nearly 488,000 new EV tax credits worth $3.3 billion
   in tax year 2023 (filed in 2024 through Nov. 21), plus 28,180 used EV
   credits totaling $95.6 million.


   - The end of the federal EV tax credit could cost California drivers
   $1.1 billion — by far the highest in the nation. Texas drivers could
   miss out on $272.7 million, and Floridians on $201.4 million.


   - Beyond dollars, California faces the biggest impact. In tax year 2023,
   Californians submitted 157,360 claims for new EV credits — nearly a third
   of the U.S. total — while Texas and Florida trailed with 38,870 and 30,090.


   -

   California tops the nation in EV tax credits per capita, with 857 claims
   per 100,000 returns, compared with the U.S. average of 320. Washington
   (571) and New Jersey (506) also rank high, while Mississippi (44), North
   Dakota (51), and Louisiana (57) report the fewest relative to tax returns.


 You can view the full study here:
LendingTree.com/auto/ev-tax-credit-ending-study
<http://lendingtree.com/auto/ev-tax-credit-ending-study>
With the Sept. 30 deadline approaching, our study shows where the loss of
these tax credits will hit the hardest. Could this play a supporting role
in anything coming down the pike?
Happy reporting,

[image: What Are The Different Types of Loans? | Auto + Home + Personal &
More]

Francisco Xavier

​Media Relations ​

LendingTree <https://www.lendingtree.com/tree-news/>

P: 302.423.8068

*Latest Research and Statistics*

Four-Figure Auto Loan Payments Are Surging in These States
<http://LendingTree.com/auto/1000-car-payments-study>
Almost a Third Have Boycotted a Business in 2025, Though Many Vet
Companies’ Values First
<https://www.lendingtree.com/business/small/boycotting-survey/>



On Wed, Sep 10, 2025 at 10:16 AM Francisco Xavier <
frankie@lendingtreenews.com> wrote:

> Hi Larry,
>
> With the federal electric vehicle (EV) tax credit set to expire at the end
> of this month, many Americans could soon lose out on major savings.
>
> My team at LendingTree analyzed data to uncover which states will be hit
> the hardest when these tax credits end. Here’s a quick look at the report:
>
>    -
>
>    Top states at risk of losing the most from the EV tax credit expiration
>    -
>
>       West: California, Washington, Colorado, Arizona
>       -
>
>       South: Texas, Florida, Virginia
>       -
>
>       Northeast: New Jersey, New York
>       - Midwest: Illinois
>
>
>    - Americans claimed nearly 488,000 new EV tax credits worth $3.3
>    billion in tax year 2023 (filed in 2024 through Nov. 21), plus 28,180
>    used EV credits totaling $95.6 million.
>
>
>    - The end of the federal EV tax credit could cost California drivers
>    $1.1 billion — by far the highest in the nation. Texas drivers could
>    miss out on $272.7 million, and Floridians on $201.4 million.
>
>
>    - Beyond dollars, California faces the biggest impact. In tax year
>    2023, Californians submitted 157,360 claims for new EV credits — nearly a
>    third of the U.S. total — while Texas and Florida trailed with 38,870 and
>    30,090.
>
>
>    -
>
>    California tops the nation in EV tax credits per capita, with 857
>    claims per 100,000 returns, compared with the U.S. average of 320.
>    Washington (571) and New Jersey (506) also rank high, while Mississippi
>    (44), North Dakota (51), and Louisiana (57) report the fewest relative to
>    tax returns.
>
>
> You can view the full study here:
> LendingTree.com/auto/ev-tax-credit-ending-study
> <http://lendingtree.com/auto/ev-tax-credit-ending-study>
>
> LendingTree’s chief consumer finance analyst, Matt Schulz, says the end of
> these tax credits could slow EV momentum:
> “Tax credits have been a critical driver in making EVs affordable for
> more Americans. If they disappear, a lot of households may put off making
> the switch, which could ripple through both the auto industry and
> consumers’ budgets.�??
> *Working on any stories as we approach the EV tax credit Sept. 30
> deadline?* If you have any questions or would like to set up an interview
> with Matt, please don’t hesitate to reach out.
> Best,
>
>
> [image: What Are The Different Types of Loans? | Auto + Home + Personal &
> More]
>
> Francisco Xavier
>
> ​Media Relations ​
>
> LendingTree <https://www.lendingtree.com/tree-news/>
>
> P: 302.423.8068
>
> *Latest Research and Statistics*
>
> Four-Figure Auto Loan Payments Are Surging in These States
> <http://LendingTree.com/auto/1000-car-payments-study>
> Almost a Third Have Boycotted a Business in 2025, Though Many Vet
> Companies’ Values First
> <https://www.lendingtree.com/business/small/boycotting-survey/>
>
>