The tax credit is not subject to any buyer income, sticker price, sourcing or assembly requirements, positioning the federal incentive as a bright spot for automakers with EVs ineligible for the 30D credit because of its myriad eligibility restrictions. The credit is available for commercial use or lease, and is limited to $7,500 for vehicles weighing less than 14,000 pounds and $40,000 for all other vehicles. While the credit does not transfer directly to the consumer or lessee, it could be used by the lessor or leasing entity to lower lease prices.