Rivian announces 2 motor and smaller battery options, config updates, and steep $12,000+ price increase – Electrek
Rivian today announced several significant price increases for its R1T electric pickup truck and R1S electric SUV that have resulted in the cost of many reservation holders’ configurations rising by more than $12,000. The price increases come as Rivian is trying to ramp production and make its electric vehicle profitable while adding lower component tiers that will arrive as early as 2024.