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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Two months after first introducing its first-ever lease program for the R1T pickup, Rivian has expanded the offers to now include its other flagship EV – the R1S SUV. At the time, we reported Rivian’s plans to expand the lease program to custom-built R1Ts and, eventually, R1S SUVs. You can explore Rivian’s R1S lease inventory here.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4

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Best lease-to-own EV deals

Baua Electric

We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan. Lease-to-own savings: $15,366.

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Progress! IRA signed into law

Electric Auto Association

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. Additional changes include: An MSRP cap of $80,000 for vans, SUVs, and pickup trucks and $55,000 for any other vehicle.

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

A new American citizen The 2023 Electrified GV70 will play an important role over the next few years for Genesis. The gasoline-powered GV70 is the best-selling Genesis model, so the addition of an all-electric version of this popular SUV will find a place in many garages as GV70 owners make the transition to electric propulsion.

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800-Volt EV Charging: The ?Other Palliative for Range Anxiety ???

Cars That Think

These handsome crossover SUVs might not be able to cruise for 7 hours on the highway, like the 500-mile-range Lucid Air. inch) wheelbase—longer than the company’s largest Palisade SUV—with excellent ingress and egress, outward visibility, and cavernous space inside. But overachieving charging may be this platform’s technical coup.

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Flash Drive: 2023 Genesis G80 EV AWD

Clean Fleet Report

The 2023 Genesis G80 EV AWD is the second battery-electric model from Genesis, joining the GV60 SUV. By 2025 it will come out with no new internal combustion engine (ICE) models, then by 2030 will only sell electric cars and SUVs. All Genesis electric vehicles qualify for the federal tax credit and state rebates.