In a bid to increase the affordability of its vehicles, electric vehicle startup Rivian has announced the availability of new entry-level battery packs for its R1T pickup and R1S three-row SUV. Customers can now choose between a Standard Pack or a slightly larger Standard+ Pack.
The starting price for the R1T equipped with the 533-hp Dual-Motor AWD setup and Standard Pack battery is set at $71,700, while the inclusion of the Standard+ Pack increases the price to $74,800.
Similarly, the starting price for the R1S with the same base powertrain paired with the Standard Pack battery is $76,700, which goes up to $79,800 with the Standard+ Pack battery installation. These prices are inclusive of a $1,800 destination fee.
Importantly, these new prices potentially allow some buyers to benefit from federal tax incentives since they remain under the $80,000 limit set for trucks and SUVs by the Inflation Reduction Act.
The Rivian R1T in green and the Rivian R1S in silver
Rivian has yet to disclose the EPA-rated range figures for these new battery options. However, the company projects that the Standard Pack will offer up to 270 miles of range, while the Standard+ Pack could deliver up to 315 miles.
For those desiring extended range, the mid-tier Large Pack battery provides an EPA-estimated range of up to 352 miles, and the Max Pack offers an impressive EPA-rated range of up to 410 miles.
The company is not stopping there with innovation in battery technology; Rivian has also confirmed future plans for LFP batteries that are expected by the spring for both the R1T and R1S, as reported to Green Car Reports.
Additionally, Rivian is developing smaller models built on the new R2 platform. The first model, likely an SUV, is poised for a reveal on March 7, with potential price tags anticipated to be between $40,000 and $60,000, further expanding the accessible range of Rivian vehicles.
FAQs about Rivian’s New Entry-Level Battery Options
- What are the new battery options available for Rivian vehicles?
- Rivian now offers a Standard Pack and a Standard+ Pack as entry-level battery options for the R1T pickup and the R1S SUV.
- How much do the new Rivian models with entry-level batteries cost?
- The R1T starts at $71,700 with the Standard Pack and $74,800 with the Standard+ Pack. The R1S starts at $76,700 with the Standard Pack and $79,800 with the Standard+ Pack. These prices include the $1,800 destination fee.
- Can buyers of new Rivian models with lower prices qualify for federal tax credits?
- Yes, because the new pricing is below the $80,000 cutoff for trucks and SUVs set by the Inflation Reduction Act.
- What is the estimated range for Rivian’s new standard battery packs?
- The Standard Pack is estimated to provide up to 270 miles of range, while the Standard+ Pack is estimated to deliver up to 315 miles.
- Are there higher-capacity battery options available?
- Yes, Rivian also offers the Large Pack battery with an EPA-rated range of up to 352 miles and the Max Pack battery with a range of up to 410 miles.
Conclusion
Rivian’s introduction of the Standard Pack and Standard+ Pack batteries marks a strategic move to make its electric R1T and R1S models more accessible to consumers. With competitive pricing that may leverage federal tax credits and promising range estimates, Rivian is broadening its appeal while signaling further expansion in its lineup with the forthcoming R2 platform models. These developments showcase Rivian’s commitment to innovation and its drive to be a major contender in the electric vehicle market.