Rivian: Prices for EVs to Be Lower Than Previously Announced

The first cars are promised to be delivered to customers by the end of this year.

With a surprise for those who believe in sacred numbers.

Rivian R1S Rivian R1S

California-based Rivian has held a private presentation of its electric vehicles in San Francisco, during which the startup said that prices for the cars would be announced soon and they would be lower than it had been expected.

Rivian Founder and CEO Robert R. J. Skeringe told Reuters that the mid-range R1T pickup with a glass panoramic roof and a dimming function would cost about $69,000. It will have an all-electric range of 300 miles (482 km). Earlier, the manufacturer stated that the standard model would cost $68,000. The R1S SUV in a similar configuration will be sold for about $72,000. Previously, the company named a price of the standard model at the level of $72,500.

Also, according to the head of the company, less long-range versions of the R1 and R1 will have a 370-km drive range, and cars with the largest battery will be able to travel up to 643 km on a single charge.

Rivian R1S and Rivian R1T Rivian R1S and Rivian R1T

Rivian was founded in 2009 as Avera Automotive. Subsequently, the name changed to Rivian Automotive. In 2011, the company set a course for the production of autonomous (semi-autonomous) electric vehicles. The first Rivian prototype was unveiled at the 2018 Los Angeles Auto Show. Since then, the startup has grown solid investors, the most significant of which are Amazon and Ford. The total investment in the company reached $3.6 billion.

Brian Hayes, chief development engineer at Rivian, showed batteries of the electric vehicles and noted that 7,776 of them power the pickup's electric motors and another one serves to illuminate doors. So, in general, the vehicle has 7,777 batteries.

Related News

Sign up or log in to post a comment