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Lucid Air goes Stealth, credit score scores buoy EV consumers, and tax cap penalties: Immediately’s Automobile Information


Lucid Air goes Stealth, regardless of manufacturing delays. EV customers carry increased credit score scores and decrease mortgage dangers, in response to a sweeping TransUnion research. The U.Ok. startup Arrival is fading, and proposed laws within the U.S. to incentivize extra reasonably priced electrical vehicles stokes controversy. This and extra, right here at Inexperienced Automobile Experiences. 

It did not take lengthy for Lucid to faucet into the darkish trim development fashionable throughout the autosphere. For $6,000, a new Stealth Look trim counters the Platinum Look with 35 completely different darkish trim items and new wheel designs throughout all besides the bottom Air Pure mannequin. Orders could be positioned this week, however deliveries will not happen till early subsequent yr, at finest. 

A powerful credit standing can translate to significantly better mortgage phrases and far much less paid out over the lifetime of a automotive mortgage. A sweeping TransUnion research discovered that EV consumers have the next credit standing than ICE automotive consumers, and are much less prone to tackle as a lot debt, even when they make a bigger down fee. 

A proposed cap on the renewed federal EV tax credit score may strain automakers to supply extra reasonably priced electrical vehicles, or it may trigger them to cost extra up till the cap. Laws would add value caps of $55,000 for electrical vehicles and $80,000 for electrical pickup vans and SUVs.

The U.Ok. EV startup Arrival would possibly contact down earlier than it lands in actuality. A current enterprise reorganization scraps plans to supply a cheap EV for Uber use, and electrical bus improvement can also be in query. Arrival’s electrical van nonetheless has wings, nevertheless.

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