Yesterday, Rivian made an announcement regarding the introduction of new entry-level R1S and R1T models featuring a Standard battery pack as well as a new Standard+ battery pack option. The Standard battery has a capacity of 106 kilowatt-hour (compared to 105 kWh initially expected), while the Standard+ battery has 121 kWh. The Large pack is 135 kWh, while the Max battery is 149 kWh, making the difference between all four batteries around 14 kWh (15 kWh between Standard and Standard+).
Rivian currently offers three powertrain options: Dual-Motor (DM) for all battery types, Performance Dual-Motor (Perf. DM) for Standard+, Large, and Max batteries, and Quad-Motor (QM) compatible only with the Large battery. There are no changes in this regard. With different wheel options, there are a total of 23 R1S and 23 R1T configurations available, each offering different ranges and prices.
Rivian estimates that the Standard (106 kWh) battery will provide a range of up to 270 miles (default 21-inch wheels), while the Standard+ (121 kWh) battery is expected to offer up to 315 miles of range (default 21-inch wheels). The Large battery provides up to 352 miles of range for both R1S and R1T, and the Max battery can go up to 400 miles (R1S) or 410 miles (R1T). These numbers are valid for the DM powertrain, with QM reducing range. The range values may vary depending on the wheels, with 22-inch wheels or 20-inch wheels with all-terrain (AT) tires reducing range.
To view the complete list of Rivian R1S and Rivian R1T configurations, refer to the table below:
Furthermore, Rivian has lowered the final pricing of the Standard battery versions. The Rivian R1S DM Standard starts at an MSRP of $74,900, while the Rivian R1T DM Standard starts at an MSRP of $69,900. Both options are $3,100 less than previously anticipated, which matches the cost difference for the Standard+ battery option. Additionally, all Rivian EVs with an MSRP of under $80,000 potentially qualify for the $3,750 federal tax credit if purchasing, with leasing incentives including up to $7,500. However, keep in mind that the federal tax credit rules have changed as of January 2024.
For a detailed overview of the base prices, destination charges, tax credits, and effective prices for each model, please refer to the complete list provided in the table. It’s important to note that some numbers listed are estimated or unofficial, so for confirmation, refer to the manufacturer’s website.