EV lease surge builds ahead of tax credit deadline

Dealers and auto lenders should look for an uptick in leasing for electric vehicles to continue this month, according to reports. "It's that time of year," Cindy Allen, CEO of Texas-based dealership data solutions provider StoneEagle, tells WardsAuto. "Dealers, OEMs bind together to pull the necessary levers to clear the inventory and make room for the new models. That's kind of a normal thing this time of year."