The new Rivian R1T will start at $67,500 and be delivered by 2022. It has a range of 314 miles and a “large” 128.9 kWh battery. It has four motors and 835 horsepower. It can tow up to 11,000 pounds. It is not cheap, but it is a premium truck. It may eventually be cheaper than a standard pickup truck if the tax credit is taken into account.
One of the problems with comparing Rivian prices is that some marketplaces don’t display used Rivians. Because they are too flooded with ICE vehicles and have terrible filters, you’ll have a hard time finding a used Rivian on a good site. The average used car listing site shows a Rivian right next to a gas-guzzling F-350, and its interface doesn’t sort batteries by package options or other factors. However, if you’re serious about getting one of these trucks, you can find a reliable marketplace with knowledgeable and experienced sellers.
The R1T has two trim levels: the Explore Package and the Adventure Package. The Explore Package starts at $67,500, and the Adventure Package starts at $73,000. Initially, the Rivian R1T was offered as a launch edition, but it costs nearly twice as much. In addition to the standard price, you can get a $7,500 federal tax credit. However, without the tax credit, you’ll have to pay $86,465 for the basic model.
How Much Will a Fully Loaded Rivian Cost?
When it comes to fully loaded Rivian trucks, the price can vary widely. The R1T starts at $67,500 while the more deluxe R1T models start at $95,000. Rivian recently showed off an electric delivery van in partnership with Amazon. Its base price is $72,500, but you can upgrade to the higher spec R1T Adventure trim for about $12,000 more.
The Rivian R1T all-electric pickup truck is expected to hit the market sometime in late 2020 and will be followed by a larger SUV in 2021. Both Rivian trucks will offer an estimated 300 to 400 miles of range, but they won’t be sold until 2024, so you’ll need to be aware of charging costs. Regardless of the model you choose, expect to pay close to $70,000 for a fully loaded Rivian truck.
The price of a Rivian R1T will be around $75,000 for the Launch Edition, while the lowest trim of the R1S will be more than $102,000. Rivian announced prices for its electric vehicles before the Cybertruck launched in November 2018, but that cost has dropped since then. The price isn’t the only obstacle – Rivian is also adding lower component tiers after 2024.
Why is the Rivian Truck So Expensive?
The price of the Rivian Truck has caused some confusion. The R1T truck was advertised as a low-cost vehicle. Rivian’s CEO recently announced that the company had misled consumers about pricing. In a tweet, he said, “Riviera lied to me about the cost of this truck.”
The company raised prices for its pickup trucks and SUVs in February, after the initial price was revealed. The hike ranged from 17% to 20%, depending on the model. This hike was criticized by some customers, but the company later reversed it. The price hike will affect people who had pre-ordered a Rivian, but it could affect those who already had a reservation. In addition, customers will have to choose whether they’ll settle for a lower-powered version or wait a few years and pay a higher price for a more powerful, longer-range model.
In August 2018, Rivian made its first truck deliveries, though most were to employees. However, the company has since received major investor interest, with Amazon and Ford each purchasing a 20 percent stake. The company has a strong connection with Jeff Bezos, who reportedly shuttled his Blue Origin astronauts to the launch site in a Rivian truck. The Rivian is slated to go on sale in 2024.
Is Rivian Cheaper Than Tesla?
Earlier this year, Rivian and rival Tesla launched competing electric cars. Tesla had a higher price tag, and Rivian’s initial shares were priced at $78 per share, but then dropped sharply after an unforeseen 20% price increase triggered by inflation and component costs. Rivian’s shares are still at a low point, but Ford has invested $1.2 billion into the company and owns 12%. While there are significant differences between the two cars, the company’s team and product have a lot of promise.
The Rivian R1T sports four electric motors, one behind each wheel, which gives it an impressive amount of traction. The car’s configuration tool, which allows buyers to customize their cars, is not live right now. The Rivian R1T includes a Meridian sound system, while the Tesla Cybertruck doesn’t yet offer one. The Cybertruck’s sleek, dystopian look helps it achieve impressive off-road numbers. It has a 16-inch ground clearance and a 35-degree approach angle.
How Much Does a Rivian Truck Go For?
How much does a Rivian truck cost? There are several trim levels to choose from. The base model starts at $54,995, but there are several additional options available. A powered tonneau cover, Meridian audio, Compass Yellow interior accents, priority delivery, and a Launch Edition trim are all available. A $10,000 max battery package adds a full-size spare tire and two front tow hooks, and a $1,200 upgrade for off-road capability.
Pricing has been an issue since Rivian announced the R1T and R1S in 2018. The Launch Edition will start at over $75,000, while the lowest trim will cost around $67,000. In 2024, Rivian will introduce lower component tiers and lower prices. During its initial product launch, Rivian announced a starting price of $69,000, but that price has been lowered after the company saw that pricing is a concern among consumers.
Pricing of the Rivian R1T starts at $67,500. The price is further reduced by a $6,000 tax credit. After tax credit, the price drops to around $60,000. Although this is still not a cheap pickup truck, it is nice enough to buy and drive. With the tax credit, the price can be even lower. However, the R1T will not be available until 2024.
Is Rivian Owned by Ford?
While it’s not entirely clear if Ford is actually a shareholder in Rivian, it does own a substantial portion of the company. Before it went public, Ford had a representative on the company’s board of directors. The automaker invested $820 million in the company and plans to continue its involvement with the company in various capacities, including digital retail, logistics, and service. Rivian has a business model similar to that of Tesla and other big name automakers, and is backed by Ford.
Unlike Tesla and other EV manufacturers, Rivian has no unions and does not require unions. Rivian has one production plant in Illinois, but is still working on the rest of its global operations. The company has scouted properties across the country and was reported to have the potential to expand production to a second plant. Despite the investment of Ford and Amazon, Rivian has no plans of using traditional labor unions.
How Many Miles Can Rivian Go?
The company has announced the range ratings of its electric trucks. The Rivian R1T truck will be capable of going over 314 miles on a single charge. The Rivian R1S SUV will be capable of traveling over 316 miles. Rivian is aiming their electric vehicles squarely at the off-road crowd, and the R1T will be a perfect fit. Its range rating is just one of the reasons to be excited about the company’s electric vehicles.
The company has stated that they will begin selling their trucks in the spring of 2022. The Rivian R1T will initially feature a 180-kwh battery pack. The truck will have four electric motors with an output of 174 horsepower. Within a year of launch, the company plans to offer a more affordable version with a 105-kwh battery pack. The company also says it will roll out an “Adventure Network” of charging stations near popular adventure destinations.
Can You Charge a Rivian at a Tesla Station?
In Colorado, you can find a Rivian Waypoint installation at each of the 42 state parks, including Rocky Mountain National Park. If you want to charge your Rivian truck at home, you can purchase a branded Wall Charger, which has the same 11.5 kw and 25 miles per hour charging rate as the public Waypoint stations. To charge your truck during peak hours, you will need a 60-amp circuit. The Rivian R1T will begin customer deliveries this summer, with the R1S SUV following in August. Both trucks will be manufactured in Normal, Illinois, a former Mitsubishi plant.
Rivian’s DC charging system is similar to Tesla’s SuperCharger, but it adds approximately 60 miles to a truck’s range. It will take roughly 20 minutes to charge the vehicle. A Tesla SuperCharger can add 200 miles in 15 minutes, so most users should find that a Rivian DC quick charger is more than sufficient. The company plans to install charging stations in public parking lots.
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