Ford, GM Backtrack on Plans to Use $7,500 EV Tax Credit Loophole on Leases
- Posted on October 12, 2025
- By PC Mag
- 3 Views

Ford, GM Backtrack on Plans to Use $7,500 EV Tax Credit Loophole on Leases

Though the credit for consumers expired on Sept. 30 as part of the Big Beautiful Bill, automakers tried to keep it alive via a leasing loophole. Two GOP senators balked, so now that's dead, too.