A Volkswagen ID.4 electric car on display at a VW dealership
A Volkswagen ID.4 electric car on display at a VW dealership in California
  • Deals have abounded in the EV market since last summer.
  • Discounts are getting bigger after it got harder to qualify for the $7,500 tax credit.
  • The most expensive EVs are seeing the biggest discounts.

Electric vehicles are getting some hefty discounts this year.

In order to deal with a slowdown in demand for big, expensive electric cars — and dwindling federal incentives — dealers and manufacturers are pouring on discounts.