Three EV Startups Survived The Tax Credit Extinction Event While Rivian And Lucid Struggle

Scout Motors2027 Scout Terra Blue Front Angle at a Barn Scout Motors2027 Scout Terra Blue Rear Angle Scout Motors2027 Scout Traveler Red Front Angle Off-Road Scout Motors2027 Scout Traveler Red Overhead View on Grass Scout MotorsClose Scout Traveler in a field from the side profile. Scout Motors2027 Scout Terra Blue Front Angle at a Barn Scout Motors2027 Scout Terra Blue Rear Angle Scout Motors2027 Scout Traveler Red Front Angle Off-Road Scout Motors2027 Scout Traveler Red Overhead View on Grass Scout MotorsA large part of the reason Scout Motors is still viable is that it's only technically a startup. Telo Trucks2026 Telo MT1 front quarter Telo TrucksTelo MT1 Telo TrucksTelo MT1 with aptera solar Telo TrucksTELO MT1 TELO TrucksTelo MT1 TELO TrucksClose 2026 Telo MT1 front quarter Telo TrucksTelo MT1 Telo TrucksTelo MT1 with aptera solar Telo TrucksTELO MT1 TELO TrucksTelo MT1 TELO TrucksThe lesser-known of the three major EV startups heading towards production is Telo Trucks. Like Scout, Telo intends to play in the $40,000+ segment, although it's hard to come up with a direct competitor. The original plan for the Slate Truck was to come in at $20,000 with the federal EV tax credit included.