Tesla and GM don’t currently get the credit at all, but they will come January 1.

Nader is muddying the waters. The FSD Beta being tested by 100k vehicles have not been involved in any serious crashes (only curbing, worst one was hitting a bollard) despite people like him sounding the alarm when it launched more than a year ago. If you worked out the statistics on miles travelled, you would expect…

Rivian’s 67,500 starting price is not even remotely insane for an awd/4wd full size truck with 260 mile EV range, good tech and power that will smoke most any gas truck.

This comments section is full of people basically saying that Rivian should just make a cheaper trim level or fundamentally sell their trucks for less… or even referencing the recent price increase, as if the inflation-adjusted price of the trucks isn’t still LOWER than what they originally said they’d be in 2019.

You are wrong. Many wealthy people buy EVs and Solar Systems specifically for the tax credit and I imagine there are a lot of people selling stocks right now that are going to have quite the tax bill this year.

A price cap and an income cap seems uneccessarily redundant.  I’m less ok with the price cap, because if you are a dedicicated person, you can often make big purchases despite a lower income by being frugal elsewhere.

You would be surprised at how CHEAP people spending almost 6 figures on a truck are.  Ever seen a new 2500/3500 with a decent lift kit on it with some recognizable tires?

None of those are new brands, though, and they’ve been able to rely on thier established ICE vehicles to subsidize their EV efforts. Tesla didn’t have that, but did have a favorable government incentive program; Rivian didn’t have that either, and now they’re getting the incentives pulled from them.

This new bill is chock full of Joe Manchin BS. The price cap for an EV truck is $80k while for an EV sedan is $55k. So rather than saving energy, this subsidy is going to encourage people to buy trucks.

Maybe the compromise is first 100k vehicles have no price cap.

Too bad.

Do you not remember the outrage when Rivian raised prices?  It was just like two months ago.

I’d like to see Rivian get creative on this to bring the price down. Not in the engineering sense to bring down costs, but in the legal/loophole sense just as a big FU to policy makers.

and now the focus is on making EVs more affordable.

For everyone bashing on Rivian for complaining here: They would get this tax benefit for their consumers as things are now. The new legislation would remove the benefit for them going forward. They’ve counted on this benefit as a part of their model/success/etc...

I’m not saying they should or shouldn’t get this, or…

They were going for huge discounts even before the publicized battery issues and subsequent recall. I briefly considered one before I bought my GTI in 2019.

I may like compact hatchbacks with no pretensions of being an SUV, but I think that the Bolt’s greatest sin was not being a hatchback on stilts from the get-go.…

Came here to make the same comment - the post conveniently left out the large list of EVs made in NA to make a point :|

“it would be viewed as just a cash grab if they changed it.”

Dream on! -  GM will immediately reverse the $6000 price drop on the Bolt once the new rebates take hold.  Just look at the Bolt prices before the reached the rebate cap limit.

GM will raise the price again to compensate?