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InsideEVs
InsideEVs
Technology

Why General Motors Backed Out Of Its EV Lease Credit Plan

The electric-vehicle tax credit might be dead, but some U.S. automakers had a plan to keep it alive. Well, had. Just before it expired, General Motors announced that it managed to find a clever way to preserve the discounts to customers who lease EVs after Sept. 30: Put the cars into service by making a down payment to the dealerships themselves.

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