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The immediate future of Rivian relies heavily on lower-cost electric vehicles than the R1S SUV and R1T truck of today. But, a ...
At the time of writing, the most budget-friendly new Rivian an American can order is the R1T. The zero-tailpipe emission pickup truck costs $73,000 before taxes and fees.
Though Rivian still has not provided hard numbers, Reuters reports that a midrange R1T pickup truck will go for roughly $69,000. The R1S SUV, meanwhile, should go for around $72,000.
Rivian reported a net loss per vehicle of $38,784 in the first three months of the year. That would put the total cost per vehicle at about $120,000, so even a 35% cost reduction would allow ...
Rivian CEO RJ Scaringe said "you can imagine" many versions of the R2, but the crossover is his top priority.
Sweeping and still-fluid changes to U.S. trade policy and reduced demand for regulatory credits are hurting Rivian’s bottom line, as the electric automaker nears the start of production on a new model ...
The real test of Rivian's business will come when it starts selling the R2. If sales are robust the company will have successfully taken Tesla's playbook and achieved similar wins. And the added ...
Rivian R1T Launch Edition will start at $75,000. Least expensive R1T truck will start at $67,500 in Explore trim. Rivian R1S SUV will start at $70,000; SUV and truck will each have three trims.
Rivian needs to spread its costs over more vehicle sales, which is basically what Tesla did. The next big vehicle release for Rivian is the R2, which is a lower-cost truck meant for the mass market.
Rivian raised the price of its all-electric R1T pickup by 17% and R1S SUV by about 20% to adjust to increases in parts costs and to prepare for a new dual-motor version.