So, the hype forand its R1S SUV sibling is palpable. These vehicles promise a ton of performance in a not-totally-insane-looking package for a reasonable amount of cash -- they were supposed to start around $70,000, and that last bit might be changing.
Changing for the better, to be more specific. See, according to a Reuters report Monday, Rivian will be unveiling official pricing for its vehicles soon, and the company says to expect them to come in lower than previously stated.
How much lower? We don't know, but the R1T didn't seem like that bad a deal at $70,000, so anything less is just icing on the cake as far as we're concerned. We'd bet that the entry-level model with the smallest range will enter the market somewhere in the mid-to-high $50,000 range, but that's just an educated guess.
Just in case you need a little Rivian refresher, the company was founded in 2009,in funding and plans on offering its vehicles with ranges that go from 230 miles on the low end to . It's been taking $1,000 preorders on the R1T and R1S for a while now, but the company so far has kept the number of preorders it's received to itself.
Rivian didn't immediately respond to Roadshow's request for comment.