• Advertise
  • Contact us
Saturday, January 28, 2023
Inside Reports
Advertisement
ADVERTISEMENT
  • Home
  • News
  • Politics
  • Entertainment
  • Sports
  • Business
  • Health
  • Data Report
  • Investigation & Features
  • BBN Update
No Result
View All Result
  • Home
  • News
  • Politics
  • Entertainment
  • Sports
  • Business
  • Health
  • Data Report
  • Investigation & Features
  • BBN Update
No Result
View All Result
Inside Reports
No Result
View All Result
Home Technology

Rivian nixes its entry-level R1T and R1S trims due to low demand

August 19, 2022
in Technology
0
Rivian nixes its entry-level R1T and R1S trims due to low demand
Share on FacebookShare on TwitterShare on LinkedInShare on Raddit


has the entry-level Explore trim for its R1T and R1S electric vehicles. “After weighing customer demand, Rivian decided to remove Explore Package as an option when configuring an R1T or R1S,” . “We realize this news comes as a surprise and apologize to customers who have had their planning impacted.”

The company said it initially gave customers two package options to offer them “more variety.” While Rivian expected that many customers would opt for the Explore package, it claimed that only a small percentage of them have done so, with “the vast majority” selecting the Adventure trim. The company said that by narrowing its focus to the Adventure trim, it would be able to streamline its supply chain and deliver its EVs more rapidly.

The move means Rivian’s electric truck and SUV are getting more expensive for those looking for the cheapest option — it marks an increase of $5,500 across the board. The R1T truck now starts at $73,000, while the R1S costs at least $78,000 for new orders (the latter starts at $75,500 for those who pre-ordered on March 1st or earlier).

Those with a pre-order for an Explore trim will need to reconfigure their package to an Adventure model by September 1st. Otherwise, Rivian will move them out of the production queue. Customers with an Explore package pre-order will receive their deposit back if they cancel. Those with a binding Explore order agreement can cancel by September 16th for a full refund.

Meanwhile, the quad-motor option has increased in price for new orders in the US (by $2,000) and Canada (by $3,250 CAD). Rivian is currently of the R1S and R1T.

Rivian announced price increases of for all models earlier this year. After a swift backlash, it and limited the increases to new R1T and R1S orders, though shareholders against the company.

Rivian recently laid off six percent of staff in order to funnel more resources into . It’s struggling to build EVs quickly enough to meet demand and it had to slash its production forecast for the year in half to . The company’s pre-order backlog as of the end of June, not counting the 100,000 electric delivery vehicles Rivian for Amazon.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.



Source link

FREE SUBSCRIPTION

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

ShareTweetShareShare
Previous Post

Breastfeed the child, save the country

Next Post

JUST IN: Peter Obi visits Soludo

Editor

Editor

RelatedNews

Meta will allow creators to sell NFTs directly on Instagram
Technology

Meta will allow creators to sell NFTs directly on Instagram

November 2, 2022
The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns
Technology

The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns

November 2, 2022
Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos
Technology

Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos

November 2, 2022
A swarm of 500 drones will plague New York City with advertising tomorrow
Technology

A swarm of 500 drones will plague New York City with advertising tomorrow

November 2, 2022
Comcast and Charter’s joint streaming venture is now called Xumo
Technology

Comcast and Charter’s joint streaming venture is now called Xumo

November 2, 2022
Apple Store employees in Glasgow vote to unionize
Technology

Apple Store employees in Glasgow vote to unionize

November 2, 2022
Next Post
JUST IN: Peter Obi visits Soludo

JUST IN: Peter Obi visits Soludo

Atiku, Wike’s camps Rivers meeting ends in stalemate

Atiku, Wike's camps Rivers meeting ends in stalemate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Video: Controversial Cross Dresser, James Brown's Sex Tape Leaks

Video: Controversial Cross Dresser, James Brown’s Sex Tape Leaks

October 10, 2022
VIEWER DISCRETION: More Videos of Fed Uni Lafia Lecturer Striping and Beating Student Over Sugar Daddy

VIEWER DISCRETION: More Videos of Fed Uni Lafia Lecturer Striping and Beating Student Over Sugar Daddy

October 22, 2022
Wife of celebrity designer Seyi Vodi attacks alleged side chic, strips her naked (Video)

Wife of celebrity designer Seyi Vodi attacks alleged side chic, strips her naked (Video)

October 1, 2022
Update: Why Police Released Six Davido's Workers, Detained Two Arrested Over Ifeanyi's Death

Update: Why Police Released Six, Detained Two Davido’s Workers Arrested Over Ifeanyi’s Death

November 2, 2022
Video: Controversial Cross Dresser, James Brown's Sex Tape Leaks

Video: Controversial Cross Dresser, James Brown’s Sex Tape Leaks

1
Video: Lady weeps bitterly over alleged demise of Davido’s son, Ifeanyi

Video: Lady weeps bitterly over alleged demise of Davido’s son, Ifeanyi

1
Wizkid announces joint tour with Davido

Wizkid announces joint tour with Davido

1

NGX committed to building structures towards SMEs funding

0
Tyre Nichols arrest video released by Memphis officials

Tyre Nichols arrest video released by Memphis officials

January 28, 2023
ABU VC laments manpower shortage

ABU VC laments manpower shortage

January 28, 2023
Nigeria better as united country, says Uzodimma

Imo govt to boost economy with tourism

January 28, 2023
Timi Dakolo recounts how close friend told clients to deny him gig

Timi Dakolo recounts how close friend told clients to deny him gig

January 28, 2023

Recent News

Tyre Nichols arrest video released by Memphis officials

Tyre Nichols arrest video released by Memphis officials

January 28, 2023
ABU VC laments manpower shortage

ABU VC laments manpower shortage

January 28, 2023
Nigeria better as united country, says Uzodimma

Imo govt to boost economy with tourism

January 28, 2023
Timi Dakolo recounts how close friend told clients to deny him gig

Timi Dakolo recounts how close friend told clients to deny him gig

January 28, 2023
Inside Reports

Inside Reports is a Nigerian media outlet aiming to advance democracy through disseminating credible news. In the era of fake news and infodemic, Inside Reports is the online media outlet to go to in search of credible, verifiable and factual news.

Follow Us

Browse by Category

  • AFRICAN NEWS
  • Basketball
  • BBN Update
  • Business
  • Campus gist
  • Celebrity gossip
  • Climate & Environment
  • Crime
  • Crypto
  • Data Report
  • Education
  • English premier league
  • Entertainment
  • Featured
  • Football
  • Foreign
  • Gadget
  • Golf
  • Health
  • Investigation & Features
  • Jobs
  • Laliga
  • Mobile
  • Movies
  • Music
  • News
  • Opinion
  • Politics
  • Sports
  • Sure betting odds
  • Technology
  • Tennis
  • TRENDING VIDEO
  • Uncategorized
  • Video

Recent News

Tyre Nichols arrest video released by Memphis officials

Tyre Nichols arrest video released by Memphis officials

January 28, 2023
ABU VC laments manpower shortage

ABU VC laments manpower shortage

January 28, 2023
  • About us
  • Contact us
  • Privacy policy

© 2022 Inside Reports - All Rights Reserved .

No Result
View All Result
  • News
  • Politics
  • Business
  • Sports
    • Football
      • English premier league
      • Laliga
    • Basketball
    • Golf
    • Tennis
  • Politics
  • Education
  • Campus gist
  • Crime
  • Entertainment
    • BBN Update
    • Celebrity gossip
  • Music
  • Video
  • Health
  • Technology
    • Gadget
      • Mobile
  • Investigation & Features
  • Climate & Environment
  • Data Report
  • Jobs
  • Sure betting odds

© 2022 Inside Reports - All Rights Reserved .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist