Rivian has today revealed three big developments in the R1T and R1S lines in terms of pricing and products.
The first change is the new in-house manufactured dual-motor options. These will be available in 2024 for both the R1T and R1S. The prices are said to be the same as what Rivian has been telling reservation holders, R1T with the dual-motor option will be starting at $67,500 and the R1S will start $70,000, excluding delivery fees.
Don’t get too used to these prices though as Rivian have also announced a price increase of almost 17% for the R1T taking it to $78,975 and roughly 20% for the R1S bringing it to $84,000. These are without any upgrades.
What might shock reservation holders the most is that this price increase is not only being applied to future reservations but current ones too. The only customers escaping this are those who are in the very final steps of the transaction.