Rivian and Lucid: A Tale of Two Electric Dreams in 2025

And yet, as with all tales of hubris, shadows loomed. Governments, eager to shepherd this nascent industry, propped it up with subsidies, tax credits, and regulations. These measures, though well-intentioned, carried within them the seeds of complacency. For what is a dream built on incentives alone, when those incentives begin to wane?




