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InsideEVs
InsideEVs
Technology

Rivian’s CEO Says Losing The $7,500 EV Tax Credit Is A Win—Here’s Why

  • The cancellation of the $7,500 federal tax credit for new EVs wreaked havoc on the market last month.
  • Some legacy automakers are now scaling down their electrification ambitions.
  • That’s bad news for the car market in general, but Rivian stands to benefit from the change.
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