Rivian, Lucid Tell Reservation Holders To Sign Binding Agreements via insideevs.com
dedicated to the Inflation Reduction Act, Rivian notes that new customers need to first place a reservation in order to sign one of these binding agreements.Lucid Group has taken a similar approach and emailed all customers with reservations to inform them about the option to place an order for theIt's worth noting that the language used by Rivian and Lucid makes it clear that they cannot guarantee that customers will be eligible for the tax credit if they sign the binding agreements.
We've received quite a few inquiries from the Rivian community asking how the Inflation Reduction Act may impact their eligibility to obtain the $7,500 IRC 30D federal EV tax credit when they purchase an R1T or R1S. Here's what we know and how we plan to support our customers' efforts to maintain eligibility for the federal EV tax credit.
Only preorder and reservation holders can sign these binding contracts. For existing customers, we've emailed a link to review and sign a binding agreement to purchase your Rivian. For new customers who'd like to sign one of these binding agreements, you must first place a reservation for an R1T or R1S.
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