Rivian Introduces New Battery Options and Lower Prices

Rivian is shaking things up in the electric vehicle market with its latest move, offering new battery options for its R1T pickup truck and R1S SUV while also slashing prices to make these eco-friendly rides more accessible.

Standard and Standard+ Battery Choices

The big news is the introduction of two new battery options: Standard and Standard+. The Standard pack fits snugly with a 106-kilowatt-hour lithium-ion battery, exclusive to the Dual Motor powertrain. Rivian estimates this setup will give you around 270 miles on a full charge. Opting for the Standard package means you can snag an R1T for $69,900 or an R1S for $74,900, shaving off a cool $9,100 from the previous base models.

Stepping it up a notch, the Standard+ pack boasts a 121-kWh lithium-ion battery, compatible with both the Dual Motor and Dual Motor Performance powertrains. Rivian predicts this will stretch your range to approximately 315 miles. For an extra $3,100, you get an additional 45 miles compared to the Standard version. Here’s the breakdown of prices (excluding destination fees):

New Pricing and Range Options

R1T:

  • Standard Dual-Motor AWD (106 kWh, 270 miles): $69,900
  • Standard+ Dual-Motor AWD (121 kWh, 315 miles): $73,000
  • Standard+ Performance Dual-Motor AWD (121 kWh, 315 miles): $78,000

R1S:

  • Standard Dual-Motor AWD (106 kWh, 270 miles): $74,900
  • Standard+ Dual-Motor AWD (121 kWh, 315 miles): $78,000
  • Standard+ Performance Dual-Motor AWD (121 kWh, 315 miles): $83,000

Keep in mind, Rivian charges an additional $1,800 for destination fees. But here’s the cherry on top: going for any trim below $80,000 could qualify you for a $3,750 federal tax incentive.

Looking Ahead: More Affordable Options on the Horizon

Rivian isn’t stopping there. They’re already eyeing further price drops later this year by exploring lithium-iron-phosphate (LFP) batteries for the R1T and R1S. These LFP packs are gaining traction across the industry for their potential to reduce EV costs, although they do tend to be heavier and less energy-dense than traditional lithium-ion batteries.

Additionally, Rivian is set to unveil at least one new model next month—the R2S SUV, and possibly an R2T pickup as well. These vehicles are expected to be smaller than their R1 counterparts and likely won’t hit the market until later next year.

Exciting times are ahead for Rivian enthusiasts as the company continues to innovate and expand its lineup of sustainable vehicles.