Written by Cláudio Afonso | [email protected] | LinkedIn | X
Amid Earth Day, the electric vehicle (EV) manufacturer Rivian introduced a trade-in incentive up to $5,000 for gas-powered SUVs from 2018 or later.
The offer is valid for purchase and leases with deliveries that happen before the end of June. Additionally, the EV maker provides free charging at Rivian Adventure Network charging sites for one year.
The company had recently announced that until the end of this month, Rivian‘s R1 models ordered from the inventory will include a complimentary XPEL Stealth paint protective film (PPF) valued at $5,000.
NEVER MISS AN UPDATE
The R1T pickup with the Max Pack battery offers the highest reduction, with a maximum of $5,000. In contrast, the R1T equipped with the Standard or Standard+ battery qualifies for a $3,000 discount, while those opting for the Large Pack receive $4,000 off.
For the R1S model featuring the Large Pack, customers can enjoy a $1,000 reduction when trading in.
According to Rivian, here’s the list of eligible vehicles that can qualify for a discount of up to $5,000 when purchasing or leasing a new R1 model: 2018 or newer Ford: F-150, Explorer, Expedition, Bronco (excl. Bronco Sport); 2018 or newer Audi: Q5, Q7, Q8, 2018 or newer Jeep: Grand Cherokee, Wrangler, Gladiator; 2018 or newer BMW: X3, X5, X7 and 2018 or newer Toyota: Tacoma, Tundra, Highlander, 4Runner.
Rivian’s Vice President of Software Development, Wassym Bensaid, hosted a Q&A event in San Jose on Saturday, showcasing Rivian’s latest models, the R2 and R3X. During the event, Bensaid discussed the forthcoming facelifts for both Rivian R1 models, as well as new features and upgrades.
The company has recently expanded its leasing program to include four additional U.S. states, granting access to the $7,500 EV tax credit. The addition of Maryland, New Mexico, Virginia, and Alaska brings the total number of states on the list to 30.
Over the last weeks, the electric vehicle (EV) manufacturer led by RJ Scaringe has been spotted multiple times testing its highly awaited updated versions in Palo Alto, California.
Following its unveiling event in early March unveiling the next-generation R2, R3, and R3x models, Rivian is now dedicated to road tests of its R1S and R1T models which are expected to be launched in the second half of the year.
Rivian’s recent update to the NHTSA’s VIN database reveals preparations for the introduction of a Tri-Motor variant and a new “Premium” trim level for the upcoming version of its model R1S and R1T.
NEVER MISS AN UPDATE
Rivian’s plant in Illinois is currently temporary closed until the end of the month for the implementation of new technologies and production methods aimed at substantial cost reduction.
As initially reported by EV, the company started recently a new round of layoffs to “support our goal to be gross margin positive by the end of the year,” as said in an email to Reuters.
Written by Cláudio Afonso | [email protected] | LinkedIn | X
