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Rivian Says Senate Climate Deal Puts It at Disadvantage - WSJ

The company, in particular, takes issue with a planned cap that would make any electric trucks, SUVs and vans selling for more than $80,000 ineligible for the federal subsidy. It also opposes the proposed income restrictions. Buyers with household incomes of $150,000 or higher—$300,000 for married couples—wouldn’t qualify for the credit on new EV purchases.

Sorry, Rivian, but the government picked you as a loser.

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