How have shifts in federal EV tax credits impacted the industry landscape?
Replied byRJ Scaringe
Founder & CEO at Rivian
Niche: Technology
Revenue: Approx. $460 Million /month
Location: Irvine, California, United States
Started: 2009
Policy changes do not alter the inevitable end state: all new vehicles will eventually be electric. However, recent rollbacks have caused legacy OEMs to pull back, leaving less competition for dedicated EV companies like Rivian and Tesla.
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