EV tax credit consequence: Plug-in vehicle lease prices are soaring

2023 Toyota bZ4X Limited AWDSome shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers. That’s because versus just a few days ago, a vast swath of EV and PHEV models are no longer eligible for the federal EV tax credit—now known as the Clean Vehicle Credit. On Thursday, Toyota pulled its...