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InsideEVs
InsideEVs
Technology

General Motors And Ford Found A Way To Keep The EV Lease Credit Alive

  • General Motors and Ford are working with their dealers to extend the $7,500 EV tax credit, which expires for other automakers today, Reuters first reported. 
  • The automakers themselves are making the initial down payments on available EVs, then leased out to customers with the $7,500 subsidy factored into the price.
  • Ford's program will be available until Dec. 31; GM says it exists "while supplies last." 
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