R1T is seen outside startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S. April 11, 2022.
Picture taken April 11, 2022.
REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing RightsNov 27 (Reuters) - Rivian Automotive (RIVN.O) on Monday announced the launch of leasing for its R1T electric pickup truck for customers in select U.S. states.
The $7,500 federal tax credit for electric vehicle purchases also applies to customers who prefer to lease, boosting demand.
Rivian, earlier this month, raised its production forecast for the full year by 2,000 vehicles to 54,000 units on the back of sustained demand.
Persons:
Kamil Krzaczynski, Tesla, Harshita Mary Varghese, Shailesh
Organizations:
REUTERS, Rivian, Monday, Thomson
Locations:
Normal , Illinois, U.S, California , New York , Florida, Texas