[eTrucker]

Check out this window sticker for a Launch Green Rivian R1T. It is production number 102.
http://instagr.am/p/CVoDfutPnri/ Rivian’s production number 102 provides us with our first window sticker. Special thanks to @fryedeye for waiting 12 years as Rivian sixth employee to get his own R1T. Interesting details found on the window sticker is the MPGe equivalent is 70 in the city and 66 highway making it the most energy efficient pickup truck ever!
Congrats to the original crew that never gave up on the dream.

Sure hope Rivian is keeping an eye on Biden's Build Back Better Framework proposed today (see below excerpt from TEXT OF H.R. 5376, BUILD BACK BETTER ACT ). It completely eliminates the federal tax credit on electric pickup trucks with an MSRP of $74k or more. Based on this math the destination fee will kick a base Launch Edition over the limit by $75. I smell lobbying on the part of the Ford & Tesla behind this effort but without the federal tax credit it would likely put the R1T purchase out of reach for many.


V. GREEN ENERGY CREDITS AND INCENTIVES

V.M. Qualified Plug-in Electric Drive Motor Vehicle Credits A new refundable credit would be created for new qualified plug-in electric drive vehicles, based on 50% of the vehicle purchase price. The base amount of the credit would be $4,000, with an additional $3,500 available for vehicles placed into service before Jan. 1, 2027. No credit would be allowed for vehicles having a manufacturer’s suggested retail price that exceeds $64,000 (vans), $69,000 (SUVs), $74,000 (pick-up trucks), or $55,000 (any other vehicle). Additionally, a $4,500 increase to the credit would be allowed if the vehicle is assembled in a U.S. facility operating under a union-negotiated collective bargaining agreement. And another $500 increase to the credit would be allowed if the battery cells are manufactured within the U.S. Beginning Jan. 1, 2027, the credit would not be allowed unless the final assembly is within the U.S. Taxpayers with modified adjusted gross income in excess of $800,000 (married filing joint), $600,000 (head of household), or $400,000 (all other filers) would be subject to phase-outs on the credit amount. The new credit would be allowed for vehicles acquired after Dec. 31, 2021, and before Jan. 1, 2032.

 

[NY_Rob]

Anyone else concerned regarding "This vehicle has not been rated by the government for overall vehicle score, frontal crash, side crash or rollover risk"?

 

[RITVT]

Sounds like a great question to ask a rep on the Rivian chat channel.

 

[NY_Rob]

Sounds like a great question to ask a rep on the Rivian chat channel.

Ummmm, I did my part with Chat today... someone else's turn to suffer.

 

[CommodoreAmiga]

Anyone else concerned regarding "This vehicle has not been rated by the government for overall vehicle score, frontal crash, side crash or rollover risk"?

Nope. That’s common on new vehicles. Even new models from established manufacturers. It can take a few months for the testing to be done and results certified.

 

[jjswan33]

Sure hope Rivian is keeping an eye on Biden's Build Back Better Framework proposed today (see below excerpt from TEXT OF H.R. 5376, BUILD BACK BETTER ACT ). It completely eliminates the federal tax credit on electric pickup trucks with an MSRP of $74k or more. Based on this math the destination fee will kick a base Launch Edition over the limit by $75. I smell lobbying on the part of the Ford & Tesla behind this effort but without the federal tax credit it would likely put the R1T purchase out of reach for many.


V. GREEN ENERGY CREDITS AND INCENTIVES

V.M. Qualified Plug-in Electric Drive Motor Vehicle Credits A new refundable credit would be created for new qualified plug-in electric drive vehicles, based on 50% of the vehicle purchase price. The base amount of the credit would be $4,000, with an additional $3,500 available for vehicles placed into service before Jan. 1, 2027. No credit would be allowed for vehicles having a manufacturer’s suggested retail price that exceeds $64,000 (vans), $69,000 (SUVs), $74,000 (pick-up trucks), or $55,000 (any other vehicle). Additionally, a $4,500 increase to the credit would be allowed if the vehicle is assembled in a U.S. facility operating under a union-negotiated collective bargaining agreement. And another $500 increase to the credit would be allowed if the battery cells are manufactured within the U.S. Beginning Jan. 1, 2027, the credit would not be allowed unless the final assembly is within the U.S. Taxpayers with modified adjusted gross income in excess of $800,000 (married filing joint), $600,000 (head of household), or $400,000 (all other filers) would be subject to phase-outs on the credit amount. The new credit would be allowed for vehicles acquired after Dec. 31, 2021, and before Jan. 1, 2032.

A destination fee is not typically considered part of the MSRP.

 

[JimmyEV]

Sure hope Rivian is keeping an eye on Biden's Build Back Better Framework proposed today (see below excerpt from TEXT OF H.R. 5376, BUILD BACK BETTER ACT ). It completely eliminates the federal tax credit on electric pickup trucks with an MSRP of $74k or more. Based on this math the destination fee will kick a base Launch Edition over the limit by $75. I smell lobbying on the part of the Ford & Tesla behind this effort but without the federal tax credit it would likely put the R1T purchase out of reach for many.


V. GREEN ENERGY CREDITS AND INCENTIVES

V.M. Qualified Plug-in Electric Drive Motor Vehicle Credits A new refundable credit would be created for new qualified plug-in electric drive vehicles, based on 50% of the vehicle purchase price. The base amount of the credit would be $4,000, with an additional $3,500 available for vehicles placed into service before Jan. 1, 2027. No credit would be allowed for vehicles having a manufacturer’s suggested retail price that exceeds $64,000 (vans), $69,000 (SUVs), $74,000 (pick-up trucks), or $55,000 (any other vehicle). Additionally, a $4,500 increase to the credit would be allowed if the vehicle is assembled in a U.S. facility operating under a union-negotiated collective bargaining agreement. And another $500 increase to the credit would be allowed if the battery cells are manufactured within the U.S. Beginning Jan. 1, 2027, the credit would not be allowed unless the final assembly is within the U.S. Taxpayers with modified adjusted gross income in excess of $800,000 (married filing joint), $600,000 (head of household), or $400,000 (all other filers) would be subject to phase-outs on the credit amount. The new credit would be allowed for vehicles acquired after Dec. 31, 2021, and before Jan. 1, 2032.

A destination fee is not typically considered part of the MSRP.

Yeah that's why when car companies share their MSRP there's always an asterisk with *does not include destination fees.

 

[Ricey9]

Anyone know why over a certain amount they won’t be able to get the tax rebate? Makes now sense to go ev.

 

[IntimidatorTJ]

Anyone know why over a certain amount they won’t be able to get the tax rebate? Makes now sense to go ev.

If you are financially successful in the United States, you are expected to pay more in taxes. So if you can afford a $75,000 EV, then sorry dude, you have to pay more in taxes and you don't get any tax breaks. Email your Congressman if you would like a different set of rules/policies.

 

[Exprexxo]

Nope. That’s common on new vehicles. Even new models from established manufacturers. It can take a few months for the testing to be done and results certified.

Exactly, the vehicle Tiger Woods crashed was a new model and unreleased safety rating. But it is widely e believe the Gensys saved his life Not worried

 

[thebertman]

wouldn't the Ranger EV still hold the record? only took 440 w/m versus 480 the r1t does. satsumas versus navels...

 

[OverSurge]

Sure hope Rivian is keeping an eye on Biden's Build Back Better Framework proposed today (see below excerpt from TEXT OF H.R. 5376, BUILD BACK BETTER ACT ). It completely eliminates the federal tax credit on electric pickup trucks with an MSRP of $74k or more. Based on this math the destination fee will kick a base Launch Edition over the limit by $75. I smell lobbying on the part of the Ford & Tesla behind this effort but without the federal tax credit it would likely put the R1T purchase out of reach for many.


V. GREEN ENERGY CREDITS AND INCENTIVES

V.M. Qualified Plug-in Electric Drive Motor Vehicle Credits A new refundable credit would be created for new qualified plug-in electric drive vehicles, based on 50% of the vehicle purchase price. The base amount of the credit would be $4,000, with an additional $3,500 available for vehicles placed into service before Jan. 1, 2027. No credit would be allowed for vehicles having a manufacturer’s suggested retail price that exceeds $64,000 (vans), $69,000 (SUVs), $74,000 (pick-up trucks), or $55,000 (any other vehicle). Additionally, a $4,500 increase to the credit would be allowed if the vehicle is assembled in a U.S. facility operating under a union-negotiated collective bargaining agreement. And another $500 increase to the credit would be allowed if the battery cells are manufactured within the U.S. Beginning Jan. 1, 2027, the credit would not be allowed unless the final assembly is within the U.S. Taxpayers with modified adjusted gross income in excess of $800,000 (married filing joint), $600,000 (head of household), or $400,000 (all other filers) would be subject to phase-outs on the credit amount. The new credit would be allowed for vehicles acquired after Dec. 31, 2021, and before Jan. 1, 2032.

They will make the price work for the R1T, the bigger issue is the R1S at $69,000 for SUVs.

 

[brianarant1]

If you are financially successful in the United States, you are expected to pay more in taxes. So if you can afford a $75,000 EV, then sorry dude, you have to pay more in taxes and you don't get any tax breaks. Email your Congressman if you would like a different set of rules/policies.

Being able to purchase a vehicle over $74k doesn't mean you are rich. This is a crock of s**t if this bill is allowed to go through with all of the crap that is in it. All this will do is make sure a large number of people don't go EV anytime soon!

 

[TessP100D]

Being able to purchase a vehicle over $74k doesn't mean you are rich. This is a crock of s**t if this bill is allowed to go through with all of the crap that is in it. All this will do is make sure a large number of people don't go EV anytime soon!

Joe’s is amazing, isn’t he.