New EV tax credits OK for leased vehicles, fed guidance says

  • Workers assemble R1T trucks on April 11, 2022, at the Rivian electric vehicle plant in Normal. (Brian Cassella/Chicago Tribune/TNS)

WASHINGTON— Leased vehicles will likely be able to qualify for new commercial electric vehicle tax credits without meeting stringent mineral and battery requirements or being built in North America, according to U.S. Treasury Department guidance released Thursday.