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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

Some fear that the new rules will penalize startups such as Lucid and Rivian, which are selling pricey luxury vehicles, presumably as the first phase of an iterative strategy to work their way to more affordable EVs (as Tesla originally planned to do). Lucid’s sedans currently start at over $80,000, and Rivian’s pickups start at $72,500.