Though the credit for consumers expired on Sept. 30 as part of the Big Beautiful Bill, automakers tried to keep it alive via a leasing loophole. Two GOP senators balked, so now that's dead, too.

"Ford will not claim the EV tax credit but will maintain the competitive lease payments ... initiate the purchase of EVs in ...

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

(CNN) — Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1. But where prices go is less certain. The tax ...

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 ...