The EV tax credit is dead. What now?

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 16 October 2025

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This is Jake Kastrenakes, executive editor at The Verge. I’m filling in for Nilay here while he settles back into full-time hosting duties. We’ve got a very good episode for you today. My guest is Verge transportation editor Andy Hawkins, and we’re talking about the federal EV tax credit. The tax credit expired at the end of September, and there are a lot of questions about what happens to the auto industry after its demise. This is a really hard, complicated set of problems, with a lot of moving parts, so I was really excited to have Andy on the show to break down all of these components and give us a clearer picture about what’s coming next. Links: The EV tax credit is dead — here’s what happens next | The Verge GM takes a $1.6 billion hit on EVs | The Verge Ford CEO Jim Farley on China, tariffs, and affordable EV | The Verge Ford lost $5 billion on EVs in 2024, teases new models | The Verge EV makers fill tax-credit void with costly discounts | Automotive News So much for Ford and GM’s scheme to extend the EV tax credit | The Verge Stellantis replaces EV tax credit with its own discount | Automotive News Tesla sales picking up thanks to expiring tax credit | The Verge California Reverses Pledge To Revive EV Tax Credit | SF Chronicle Global EV sales growth slows to 15% in August, research firm says | Reuters Subscribe to The Verge to access the ad-free version of Decoder! Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Support for this show comes from OnePassword. If you're an IT or security pro, managing devices,
0:08.3	identities, and applications can feel overwhelming and risky. Trellica by OnePassword helps
0:14.8	conquer SaaS sprawl and Shadow IT by discovering every app your team uses, managed or not. Take the first step to better security
0:23.2	for your team. Learn more at onepassword.com slash podcast offer. That's onepassword.com
0:31.8	slash podcast offer, all lowercase.
0:40.1	Support for this show comes from Indeed.
0:44.8	When you're hiring, it's not just about finding someone willing to take the job.
0:46.9	It's about finding the right person.
0:50.7	Someone with the right background who can move your business forward.
0:55.6	If you're looking for top tier talent with expertise in your field, Indeed says they can help.
1:04.7	Indeed's sponsored jobs give your job the best chance at standing out and grants you access to quality candidates who can drive the results you need.
1:18.1	And it makes a big difference. According to Indeed data, sponsored directly on Indeed are 90% more likely to report a hire than non-sponsored jobs because you reach a bigger pool of quality candidates.
1:21.4	Spend more time interviewing candidates who check all of your boxes.
1:27.3	Less stress, less time, more results now with Indeed sponsored jobs.
1:38.3	And listeners of this show will get a $75 sponsored job credit to help get your job the premium status it deserves at Indeed.com slash decoder. Just go to indeed.com slash decoder right now and support our show by saying you heard about Indeed on this podcast.
1:45.9	Indeed.com slash decoder. Terms and conditions apply. Hiring, do it the right way with Indeed.
1:55.2	The world is changing faster than ever. Now, with The Economist Insider, a new premium video offering, we're giving
2:01.4	you unprecedented access to the debates shaping our world. I have set around that table at NATO. There is an incoming missile attack now. Could you answer the question? I'm sorry, we've got way little time left. With a few surprises along the way. I can't promise we'll have a cocktail every time, but we'll try. So, don't just be an Economist reader.
2:18.7	Get on the inside track with The Economist Insider.
2:21.5	Go to Economist.com to join the conversation.
2:27.0	Hello and welcome to Decoder.
2:28.8	This is Jay Castranakis' executive editor at The Verge.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Vox Media Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vox Media Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.