Rivian will price its electric pickup and SUV for less than previously announced, Reuters reported.
“Rivian founder and chief executive R.J. Scaringe told Reuters the mid-range R1T pickup truck with a glass sky panel that can change from blue to clear was about $69,000,” the report said.
Rivian previously said the R1T would start at $69,000. So, if the truck with the $69,000 price tag is the “mid-range,” then you would think that a base model would be offered for less.
The R1T will include four electric motors and three battery packs options – a 180 kWh battery that is expected to offer more than 400 miles of range per charge, a 135 kWh option that gives more than 300 miles of range per charge, and a 105 kWh pack, which will give about 230 miles of range per charge.
You have to wonder if Tesla’s pickup pricing pressured Rivian to lower prices, which need a reasonable drop to come in line with Tesla’s Cybertruck. By comparison the Cybertruck is expected to be offered with a $39,000 base model and a $69,000 top trim with tri-motor power, all-wheel drive, 500 miles of range, a 2.9-second 0-60 time, a top speed of 130 mph, and a 14,000-pound tow rating.