Home News Rivian CEO hints that 400-mile electric truck will be under $90K

Rivian CEO hints that 400-mile electric truck will be under $90K

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Rivian CEO hints that 400-mile electric truck will be under $90K

Rivian CEO RJ Scaringe prefers to under-promise and over-deliver, but in a previous interview, he called something that’s remarkably ambitious — he stated that the company will have a version of its 180 kWh.

The Rivian CEO mentioned his comment during a meeting with Green Tech Media. When asked about the pricing of Rivian’s vehicles, Scaringe admitted the R1T and the R1S are. For its first vehicles, Scaringe stated that Rivian is going after the market that spends “$70,000 or $80,000 to a GMC Denali or a Chevy Suburban or a Land Rover Discovery or a fully loaded Ford F150. ”

When asked about the purchase price of its 180 kWh battery pack, the Rivian CEO candidly responded that a version of the firm ’s automobile will be competitively priced. “We will have a version of this big-range automobile that’s sub-$90,000,” Scaringe stated .

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If Rivian does pull off a 180 kWh electric truck with 400 miles of scope for less than $90,000, the company will definitely wind up with one of the automobile market’s most sought-after vehicles. Granted, the automobile Scaringe is currently referring to would likely have capabilities that are toned-down. Nevertheless, the vehicle would present itself as a alternative that is true, offering range that is top-notch for an affordable price. 

By comparison, Tesla’s flagship Model S with its 335-mile range sells for $93,000 before incentives, while the Model X, which has a range of 295 miles, costs $96,000 before incentives.

While Scaringe did not explain how Rivian plans to supply a vehicle with 400 miles of scope for less than $90,000, it ought to be mentioned that the 36-year-old CEO isn’t prone to grandiose declarations which are mostly rooted in optimism. In his interview with GTM alone, Scaringe admitted that he prefers to under-promise and over-deliver. With this in mind, it appears safe to assume that Scaringe’s ambitious price for its 400-mile automobile is rooted in something beyond optimism.  

Considering that Rivian has not anything up to now, would a sub-$ truck with 400 miles of scope really be coming? Time will tell, but for the time being, history seems to be on Rivian and RJ Scaringe’s side. If Rivian accomplishes this, the company could very well change the vehicle game.

The article Rivian CEO hints that 400-mile electric truck will probably be under $90K appeared initially on TESLARATI.com.

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