Rivian SUV - Rivian Drops Cheapest Versions of Its ET and SUV Models

Rivian SUV - Rivian Drops Cheapest Versions of Its ET and SUV Models Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models Electric-vehicle startup Rivian Automotive Inc. is discontinuing the cheapest versions of its pickup truck and SUV models, citing low customer demand. Eliminating the base version, dubbed the Explore package, now means the most affordable pickup truck in the R1T model line will have a price of $73,000â€"an increase of $5,500, Rivian said in a post on its website. The least expensive version of its all-electric SUV, the R1S, is now $78,000. “We realize this news comes as a surprise and apologize to customers who have had their planning impacted,” the company said. Rivian said it notified customers Thursday. Rivian Chief Executive RJ Scaringe has sought to simplify the array of options the company initially offered for its vehicles to increase production numbers. A Rivian executive, speaking on a podcast, said discontinuing the low-price packaging options would allow it to manufacture more vehicles quickly. This is the second time that Rivian has adjusted prices for its vehicles as it confronts rising raw-material costs, particularly for batteries, and manufacturing difficulties that have led the company to report a $1.7 billion loss for the second quarter. Inspiring Optimistic Upbeat Energetic Guitar Rhythm by Free Music | https://soundcloud.com/fm_freemusic Music promoted by https://www.chosic.com/free-music/all/ Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US Subscribe Our Channel to see more videos: https://www.youtube.com/channel/UCtzRe6tZDgWh5oGwCoIoRgw


(rivian r1s)(rivian r1s review)(rivian)(2022 rivian r1s)(rivian r1s interior)(rivian suv)(rivian suv review)(rivian suv interior)(rivian suv 2022 review)(rivian suv 2021)(rivian suv price)(rivian suv off road)(riv)