Articles and Videos Of Interest That Don't Merit Their Own Threads

AZFox

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Some content I find is interesting enough to post, but not important enough to merit starting a thread, like this article:

Inside EVs: Rivian, Lucid And Slate Face A Tough Road Ahead
https://insideevs.com/news/767977/rivian-slate-lucid-tax-credit/

Let's talk about newcomers like Rivian, Lucid and Slate Auto. Many of these brands were banking on the EV tax credit to help grow their brands, and now that it's going away in less than two months, these brands will have to compete with legacy automakers who can ride out the storm thanks to a mix of old money and carbon-burning combustion engines.​
 
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The beautiful thing about time is that it inevitably passes. And after it does, we all see with perfect clarity who was "full of it" and who wasn't. Usually, when I look back at my predictions, I was the one "full of it". Oh wait, I got that wrong. Usually, almost everyone was "full of it".

And "automotive journalists" chasing views? I think they come out of their mothers' wombs already "full of it".

In 5 years we'll look back and know what was BS and what wasn't. I'm content to sit back, grab some popcorn, and watch this crazy show called reality unfold. All the predictions about what's about to happen - which change every six months - that's just background noise.
 

1yeliab_sufur1

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I reallllly don’t think rivian was banking on that tax credit maybe slate and I don’t know enough about lucid to say but I can bet that rivian doesn’t care since you know the whole already bleeding money thing idk if they are now but I know last year they definitely were
 

1yeliab_sufur1

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True no one can predict the future but what I hate with a passion is people just straight up saying “oh the slate is just going to fail” because they don’t like it and do t really give a good argument like one is “oh well a lot of past ev start ups failed so this will to” it just seems very pessimistic but then they will rave about let’s say the Chevy bolt or the ford lightning it just annoys me
 
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AZFox

AZFox

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Rivians didn't quality for the tax credit anyway
Apparently some of of them qualify, some don't. When they do it's partial ($3,750). But wait, there more! There's a workaround to get the full $7,500.

This comes from an AI bot, so it may not be accurate:

Rivian Tax Credit Eligibility
Rivian vehicles do not currently qualify for the full $7,500 federal EV tax credit when purchased in 2025.​
The eligibility for the full credit expired on December 31, 2024, and Rivian has not yet met the stricter requirements for battery materials and components, which mandate that a significant portion of the battery's critical minerals and components be sourced from the United States or its trade partners. As a result, the full $7,500 credit is not available for new purchases.​
However, Rivian vehicles that meet the $80,000 MSRP cap are eligible for a partial $3,750 federal tax credit when purchased. This partial credit applies to specific configurations, including the base R1S and R1T models with Standard and Standard+ battery packs.​
For those seeking the $7,500 credit, a workaround exists: leasing a Rivian and then buying out the lease immediately allows the lessee to claim the $7,500 tax credit, as the credit is available for leases regardless of the battery sourcing requirements. This strategy has been successfully used by some customers to secure the full credit.​

What a mess!
 
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AZFox

AZFox

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