EV tax credit loophole may cut lease payments for EVs made overseas

The U.S. Treasury Department confirmed Thursday that buyers can effectively bypass both the American final assembly and critical-mineral requirements for electric vehicles—if those EVs are leased. That means, according to Reuters, starting Jan. 1, automakers selling EVs with final assembly outside the U.S. may be eligible for a tax credit of…
Source: Hybrid and Electric Car News and Reviews