SIGNED: 2024 Ioniq 5 SEL AWD - 24/12 $238/mo, $1171 DAS

No. For leasing, all EVs qualify for $7500, it just goes to the bank that purchased the vehicle. So the lessor gets it instead of the lessee. The lessor, then can chose to pass it on as a taxed rebate to the lessee.

IRC section 30D applies for end consumer and has a limit on where the car is assembled and where the battery is manufactured. It only applies to purchase/finance of the car.

Section 45W is for commercial use of EVs and has no such restrictions like 30D does. The banks do get their $7500 when they purchase the EV and lease it out to you.

30D:

45W: