Rivian Stumbled After the EV Tax Credit Died. Now the R2 Faces A Huge Test
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Rivian is facing challenges, including a suspension recall and concerns over insider selling, which may impact the production of its new model, the R2. The company's struggles come after the expiration of the EV tax credit, which has had an uncertain effect on the electric vehicle market. Meanwhile, other companies, such as Lucid, are reporting record sales, suggesting varying levels of success among EV manufacturers.
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