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Rivian, Lucid, Scout CEOs aren’t counting on Democrats to restore EV federal support after midterm wins

Source: press CNBC•November 15, 2026 at 06:32 PM

Rivian, Lucid, Scout CEOs aren’t counting on Democrats to restore EV federal support after midterm wins

Leaders of several U.S. electric vehicle manufacturers said they're not counting on increased federal support for their businesses once Democrats gain control of Congress in January, but they said they'll gladly take it if it does happen. That was the overall sentiment from CEOs of Rivian…

Leaders of several U.S. electric vehicle manufacturers said they're not counting on increased federal support for their businesses once Democrats gain control of Congress in January, but they said they'll gladly take it if it does happen.

That was the overall sentiment from CEOs of Rivian Automotive, Lucid Group and EV startup Scout Motors during interviews with CNBC after Democrats' historic midterm election wins.

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