Source: CNET
Summary
Rivian, a startup backed by Jeff Bezos, has announced pricing details for its debut electric vehicle (EV), the R1T and R1S. The starting price for the R1S SUV is $29,950, with a base range of 205 miles.
Our Reading
The announcement sounds ambitious.
Rivian’s electric truck and SUV are finally priced, with a starting point under $30,000. The range is now 205 miles, up from previous estimates. Because what’s an EV launch without a few tweaks to the specs? Rivian is just the latest to join the “affordable” EV fray, because $30,000 is affordable now. The startup is following a familiar script: hype, delay, and a starting price that’s just a little higher than promised.
Author: Evan Null
