The EV tax credit: all the cars, rules, and updates
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Rivian adds R1S SUV to its leasing program.
Customers in a handful of states have been able to lease the R1T electric truck since last November. Now the R1S SUV is getting in on the action. Prices depend on the trim and motor configuration. For example, a quad-motor R1S with the large battery pack can be had for $1,157 a month, excluding taxes and fees.
And while customers who buy the R1S can only get half of the $7,500 EV tax credit in the US, those who lease the SUV get access to the whole credit.
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