USA Today

Ford, GM workaround keeps EV tax credit alive for leasing while supplies last

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press. Ford Motor Co. and ...
Transport Topics

GM Ends EV Tax Credit Plan and Offers Its Own Incentive

General Motors Co. has decided not to offer federal tax credits on electric vehicles that were in transit to dealers or on their lots before last month’s expiration of the $7,500 incentive, opting ...
GM Authority

GM Not Extending EV Tax Credit Lease Option After All

GM has scrapped a plan that would have temporarily extended access to the $7,500 federal EV tax credit for leased vehicles, reversing course roughly a week after the subsidy officially expired late ...
GM Authority

Like GM, Ford Drops EV Tax Credit Leasing Extension

We reported yesterday on GM reversing course on extending access to the $7,500 federal EV tax credit for leased vehicles by using an IRS loophole. “After further consideration, we have decided not to ...
Cards Wire

GM backtracks on plan to claim last-minute EV tax credits

The idea behind the program was to ease the impact of the tax credit expiration on dealers, who worried they would be stuck ...
Electrek

GM scraps $7,500 EV tax credit program, but it has a new way to keep prices down

After the $7,500 federal tax credit for electric vehicles expired at the end of September, GM was among the automakers planning to extend the incentive through leasing. That will no longer be the case ...
Electrek

GM’s feeling the heat after the US pulled the plug on the $7,500 EV tax credit

Although GM set another record by delivering 66,501 electric vehicles in the third quarter, it’s bracing for a much different market over the next few months. In an SEC filing on Tuesday, GM said that ...
Detroit News

GM cuts short EV tax credit extension scheme

General Motors Co. dropped a plan to use federal dollars to discount electric vehicles under pressure from a key U.S. senator, sources familiar with the matter said Wednesday. Both GM and crosstown ...
Jalopnik

GM Abruptly Cancels $7,500 EV Lease Credit Extension After Republican Senator Complains

General Motors has suddenly canceled a lease program it created just over a week ago that was meant to help customers who wanted to benefit from the now-dead $7,500 federal tax credit on electric ...
USA Today

Ford and GM extend $7,500 EV tax credit for leases into fourth quarter

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA ...
The Verge

So much for Ford and GM’s scheme to extend the EV tax credit

The automakers killed the plan after a couple of Republican senators snitched. The automakers killed the plan after a couple of Republican senators snitched. is transportation editor with 10+ years of ...