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Rivian (RIVN) stock gets a boost ahead of R2 launch with new buy rating

Baua Electric

Rivian stock scored a buy rating from Jefferies Finacial Group, suggesting over 45% upside potential. Rivian stock scores buy rating ahead of R2 reveal Rivian will reveal its more affordable R2 electric SUV at 10 am PT (1 pm ET) later today at its swanky new Laguna showroom. Meanwhile, there’s still plenty to be revealed later today.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. Ford confirmed to CarsDirect that its communication was legitimate.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.” German rental firm SIXT said on Tuesday it signed a multi-billion euro deal with Stellantis to buy up to a quarter of a million vehicles. The value of used EVs has dropped 33.7%

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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

GM CEO Mary Barra – Photo by Steve Fecht for General Motors In late 2019 Trump effectively nixed an extension of the tax credit for Tesla and GM, which had already reached their 200,000-vehicle caps under the former framework. EV plants Tens of thousands more U.S. Climate Power also points to Texas as a hub for investment.