On Thursday, the U.S. Treasury Department announced that starting in January, electric vehicles that are leased by consumers can qualify for the full $7,500 commercial clean vehicle tax credit.That’s good news for automakers such as Hyundai that felt the Inflation Reduction Act treated them unfairly by ending their eligibility for the tax credit, especially without adequate time to build qualifying EV factories.But at least for now, it appears an agreement has been reached that will give the aggrieved automakers some of what they want.Senator Joe Manchin had previously encouraged the Treasury to not allow this workaround because automakers will treat it “as a way to bypass the strict sourcing requirements.”$3,750 of the total available consumer tax credit requires at least 40 percent “of the value of the critical minerals in the battery having been extracted or processed in the United States or a country with a U.S. free-trade agreement, or recycled in North America, a percentage requirement that rises annually.” In its Thursday statement, the Treasury also said it will define the free-trade agreement requirement more broadly than you might expect.The initial list of countries that it says currently qualify includes Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, South Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, and Singapore."