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.

Ford Motor Co. and General Motors have developed a method through the IRS guidance to extend use of the electric vehicle tax credits, at least for leases, into the fourth quarter.

The Detroit automakers used their financing arms, called captive finance companies, to make down payments on EVs before finding customers, a move that allows those vehicles to qualify for the incentives beyond the Sept. 30 expiration.

Ford and GM spokespeople confirmed the programs to the Detroit Free Press.

Stellantis has not publicly announced a similar program and did not respond to requests for comment on this story.

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