Photo Credit:Fair Use [17 U.S.C. § 107]

This Part of Rivian Is Thriving: Leasing

18 Nov 2024 | Abstracted from Barchart

"...the leasing program is not only thriving, but also giving birth to a pre-owned vehicle program -- both developments can help move the needle for investors...Leasing is important for a couple of reasons. One thing leasing does is bring down the price of vehicle ownership for more price-conscious consumers....second reason leasing is very important to automakers is that it offers a loophole for the automaker to pass the federal $7,500 EV tax credit..."

ADDITIONAL RELATED NEWS LINKS

• Rivian Powers Michigan's First Federally Funded NEVI EV Fast Charger


• Volkswagen Raises Investment in Rivian to $5.8 Billion


• Rivian's Mistake Just Cost It 10,000 Cars


• Can You Charge Your EV At One Of Tesla's Supercharger Stations?


• Insurance Institute for Highway Safety Awards Rivian R1T Top Safety Pick


• Over 50 Rivian EVs Damaged In Factory Parking Lot Fire. Here’s What Happened


• Ford Compares New Low-Cost EV Platform To Rivian And Tesla, Says Rivals Will Turn To China


• Electric Cars Set Records At Pikes Peak


• A Second Wave Of EV Shoppers Is On Its Way, But Current Demand Is Still A Problem


• How Amazon Became The Largest Private EV Charging Operator In The U.S.