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.
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