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InsideEVs
InsideEVs
Technology

The Leasing Loophole Drove Huge EV Sales. The Senate May Have Killed It Already

  • Senate Republicans published a wide-ranging budget and tax proposal on Monday.
  • If passed, it would end the EV leasing credit within 180 days while severely restricting it immediately. 
  • The Senate Finance Committee also aims to swiftly cancel other tax credits for buying used and new plug-in vehicles. 
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