Rivian: Not Quite As Expensive As First Thought
Despite offering a choice of battery sizes, Rivian’s R1T pickup, scheduled for production late this year, was not revealed under a banner of affordable green motoring. Nor was the R1S SUV that followed it. The Michigan-based startup’s first vehicles instead wowed onlookers with their tech prowess and capability — four hub motors, an innovative platform, and a maximum range of 400 miles — and prices that were fairly comparable with existing high-zoot pickups and SUVs.
Carrying a starting price of $69,000 at its debut, the R1T is now said to be in line for a price drop. Same goes for the R1S.
According to Reuters, Rivian CEO RJ Scaringe said during at appearance in San Francisco over the weekend that the cost for both models will be less than previously stated when official pricing lands.
Three flavors of R1T and R1S are on offer, the most basic of which is said to travel 230 miles between charges. Not bad for large vehicles boasting considerable power. Of course, fueling those motors are three very large battery packs hidden in the vehicles’ “skateboard” platform. Those batteries range in size from 105 kWh, 135 kWh, to 180 kWh. The middle of the three is expected to return 300 miles per charge.
While Scaringe wouldn’t say by just how much buyers can expect prices to drop, he did say there’s been no shortage of would-be owners willing to drop $1,000 for a reservation. He expressed regret that the number of pre-orders means a long wait for some. Those looking for an entry-level model already knew the wait was long, as Rivian made a point of saying higher-end units would come off its Normal, Illinois assembly line first. The 230-mile R1T won’t see the light of day until a year after the 180 kWh model starts (which will be followed soon after by the 135 kWh model).
Any change to the price of the R1T ($69,000 to start) and R1S ($72,000 for a base) must take into account the $7,500 federal tax credit awaiting all buyers. R1S production is said to come shortly after R1T assembly kicks off.
Backing up Rivian’s efforts to challenge the Detroit Three in the light truck EV game is nearly $3 billion in funding secured in 2019, with the largest chunks coming from the likes of Amazon and Ford. Rivian and Ford plan to jointly develop a new utility vehicle together using the startup’s skateboard platform.
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- Nrd515 Usually for me it's been Arby's for pretty much forever, except when the one near my house dosed me with food poisoning twice in about a year. Both times were horrible, but the second time was just so terrible it's up near the top of my medical horror stories, and I have a few of those. Obviously, I never went to that one again. I'm still pissed at Arby's for dropping Potato Cakes, and Culver's is truly better anyway. It will be Arby's fish for my "cheat day", when I eat what I want. No tartar sauce and no lettuce on mine, please. And if I get a fish and a French Dip & Swiss? Keep the Swiss, and the dip, too salty. Just the meat and the bread for me, thanks. The odds are about 25% that they will screw one or both of them up and I will have to drive through again to get replacement sandwiches. Culver's seems to get my order right many times in a row, but if I hurry and don't check my order, that's when it's screwed up and garbage to me. My best friend lives on Starbucks coffee. I don't understand coffee's appeal at all. Both my sister and I hate anything it's in. It's like green peppers, they ruin everything they touch. About the only things I hate more than coffee are most condiments, ranked from most hated to..who cares..[list=1][*]Tartar sauce. Just thinking about it makes me smell it in my head. A nod to Ranch here too. Disgusting. [/*][*]Mayo. JEEEEZUS! WTF?[/*][*]Ketchup. Sweet puke tasting sludge. On my fries? Salt. [/*][*]Mustard. Yikes. Brown, yellow, whatever, it's just awful.[/*][*]Pickles. Just ruin it from the pickle juice. No. [/*][*]Horsey, Secret, whatever sauce. Gross. [/*][*]American Cheese. American Sleeze. Any cheese, I don't want it.[/*][*]Shredded lettuce. I don't hate it, but it's warm and what's the point?[/*][*]Raw onion. Totally OK, but not something I really want. Grilled onions is a whole nother thing, I WANT those on a burger.[/*][*]Any of that "juice" that Subway and other sandwich places want to put on. NO, HELL NO! Actually, move this up to #5. [/*][/list=1]
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So cheap why not buy two?