U.S. electric-vehicle dealers are reporting a sharp jump in demand after President Donald Trump’s budget bill, the "One Big Beautiful Bill Act," set a 30 September 2025 cutoff for the longstanding $7,500 federal EV tax credit. Consumers are accelerating purchases in an effort to secure the incentive before it disappears. Automakers say showroom traffic and online orders have spiked in early August, setting the stage for what several companies expect will be a record third quarter for battery-powered car sales. Analysts note that the pending expiration is pulling sales forward rather than expanding the market, and they expect a lull once the credit ends unless manufacturers adjust pricing or Congress restores incentives. The phase-out of the EV credit is part of a broader rollback of clean-energy tax benefits under the new law, which also shortens or eliminates incentives for home efficiency upgrades. Industry groups warn that the policy shift could slow the nation’s transition to lower-carbon transportation unless state or local programs fill the gap.