Electric vehicle maker Rivian has announced pricing adjustments for its upcoming models, with the R3 expected to cost significantly less than its predecessor, the R2. The R4 model is also seeing a further reduction in price, continuing a trend of competitive pricing in the EV market. These changes could make Rivian’s vehicles more accessible to a broader range of consumers. The company’s move follows industry shifts toward affordability as demand for electric vehicles grows.
Rivian says R3 will cost ‘materially’ less than R2, R4 pricing goes even lower CBT News
