Lucid Air goes Stealth, credit scores buoy EV buyers, and tax cap consequences: Today’s Car News

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

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

    A robust 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 examine discovered that EV patrons have a better credit standing than ICE automotive patrons, and are much less more likely to tackle as a lot debt, even when they make a bigger down cost. 

    A proposed cap on the renewed federal EV tax credit score may strain automakers to provide extra inexpensive 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 may contact down earlier than it lands in actuality. A current enterprise reorganization scraps plans to provide a reasonable EV for Uber use, and electrical bus growth can also be in query. Arrival’s electrical van nonetheless has wings, nonetheless.

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