Rivian dismisses hundreds of employees after abolishing a subsidy

Even Volkswagen and GM are affected

Rivian R1S

The American Ev Manufacturer Rivian is a Doing QUITE Well, But Still Finds Iself Forced To Lay Off Around 200 Employees. The Abolition of An American EV subsidy by the Trump Administration is Said to Play a Major Role in This Decision.

That the abolition of the ‘Federal Tax Credit’ is not good news for rivian and other ev manufacturers was clear just by thinking logical. For Rivian, It Now Concretely Means Dismissing around 200 Employees, Reports The Wall Street Journal via Automotive News. The Layoffs Coincide with the Conversion of the Factory for the Rivian R2, A Compact Suv That Strongly Resembles The Current And (in America) QUITE Popular R1S. With that r2 and the also announced R3, there is Indeed Hope for Rivian, but in the short term it is Difficult. Accordance to Reports, IT Conerns about 1.5 percent of Rivian’s Total Workforce.

General Motors and Volkswagen are also affected by the abolition of the federal tax credit, which Gives American Ev Buyers Thousands of Dollars in Benefits Until September 30. GM is Reducing Production of the Electric Cadillacs Lyriq and Vistswagen, Volkswagen, Volkswagen, Takinged in Volkswagen. Tennessee.

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