Leased EVs Made Outside of US Eligible for Clean Vehicle Tax Credit: US Treasury

Leased EVs Made Outside of US Eligible for Clean Vehicle Tax Credit: US Treasury
A Tesla Inc. electric vehicle charges at a supercharger station in Redondo Beach, Calif., on Jan. 4, 2021. Patrick T. Fallon/AFP via Getty Images
Henry Jom
Updated:
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Electric Vehicles (EVs) that are assembled outside of but leased within the United States may be eligible for clean vehicle tax credits, according to new guidelines published by the U.S. Treasury Department.

This follows a plea in November from South Korean and Japanese officials who sought more “flexibility” from the U.S. for foreign automakers in reference to tax credit eligibility.

Henry Jom
Henry Jom
Author
Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]
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