Why is leasing usually better than buying an EV?

Leasing is often the smarter financial move for EVs because you avoid the depreciation risk of owning rapidly evolving technology. EVs are improving quickly, and a car that is top-of-class today may be outdated in three years. Leasing also lets you capture tax incentives more reliably than buying in many cases, and you are not stuck with a battery that may degrade or cost significantly to replace over time.