
EV Leasing Boom: Tax Credit Deadline Approaching
EV leasing surged to 70% in July due to the up-to-$7,500 tax credit expiring Sept 30. Automakers are pushing leases. Best deals are available during the Labor Day weekend. Limited EVs for Tax credit.
EV leasing surged to 70% in July due to the up-to-$7,500 tax credit expiring Sept 30. Automakers are pushing leases. Best deals are available during the Labor Day weekend. Limited EVs for Tax credit.
Tesla faces declining credit profits, delayed EV charger rollouts, and brand perception challenges despite autonomy hopes. Musk bets on self-driving amid financial headwinds and tax credit losses.
Slate EV aimed for ultra-affordable EVs using a minimalist approach. Loss of federal tax credits impacts pricing. Key features: modular design, add-on options, targeting competitive price despite challenges.
Now fewer cars qualify thanks to stricter rules governing where vehicles can be made (in North America, only) and where their batteries come from (not China, basically).