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Trump Plans to Eliminate EV Tax Credit
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Trump’s transition team has been discussing ending the $7,
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
Rivian, Volkswagen
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion joint venture for
EV
innovation on its R2 model, which the company says will eventually be manufactured in Georgia. Electric vehicle startup
Rivian
Automotive Inc.'s recent partnership with legacy ...
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Hosted on MSN
7h
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian
Automotive Inc. shares dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump ...
1h
Why Rivian Stock Dropped Thursday
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. When initially ...
autoevolution
10h
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian
and Volkswagen announced their joint venture, but the bigger
news
is how the
EV
startup convinced the legacy ...
Electrek
2d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
2d
EV Makers Rivian & Lucid Lost 2 Billion In The 3rd Quarter
Losses of 2 Billion dollars combined is a tough pill to swallow, but it took Tesla 14-years to turn a profit. Rivian lost a ...
autoevolution
6d
Rivian R2 Will Be the First EV To Use LG's New Battery Cells With a Six-Time Capacity Bump
Rivian announced a partnership with LGES to supply the 4695 cells for the R2 battery pack, with a six-time capacity ...
8h
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
BBC
2d
VW launches $5.8bn tie-up with Tesla rival Rivian
competition from Chinese
EV
makers and a slower-than-expected move away from petrol and diesel vehicles. Separately, ...
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