
The upcoming Rivian R2 EV, which will be unveiled on March 7, will be eligible for the full $7,500 tax credit, CEO RJ Scaringe said during an interview with Forbes. Currently, the all-electric R1S SUV and R1T pickup are eligible for a $3,750 tax credit when purchasing but only if the MSRP is under $80,000. Leasing, however, unlocks the full credit whatever the MSRP.