Photo Credit:Fair Use [17 U.S.C. § 107] 2025 Rivian R2 reveal

Rivian: Quantifying The Damage From The "One Big Beautiful Bill Act"

18 Jul 2025 | Abstracted from Seeking Alpha

One Big Beautiful Bill Act...scrapped most of Biden's Inflation Reduction Act and pushed most of the Electric Vehicle ecosystem back to, not where it was in 2021...focus for most has been on the loss of the $7,500 tax credit and the regulatory credits EVs received...the impact on EV manufacturers is even worse than that...

"Biden Administration's final moves in office was to provide a loan of $6.6 billion to complete construction of a Rivian manufacturing plant in Georgia."

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