With the recent slowdown of EV sales in the United States, EV manufacturers have been introducing new discounts and incentives left and right. Tesla recently introduced a 0.99% APR promotion on the Model Y, and Ford is offering a price discount for Tesla owners interested in purchasing a Ford EV. Discounts in the EV industry have been ramping up big time.

Now, Rivian has joined the club by introducing new discounts on their vehicles to help move out existing inventory. The key detail here is “existing inventory,” as these incentives do not apply to custom-ordered vehicles.

New Rivian Inventory Discounts:

2023/2024 Rivian R1SNew PriceOld Price
Quad-Motor $6,000$8,000
Large Battery $7,100$9,100
Max Battery$15,100$19,100
2023 Rivian R1TNew PriceOld Price
Performance Dual-Motor$0$5,000
Large Battery $5,100$9,100
2024 Rivian R1TNew PriceOld Price
Large Battery – Dual-Motor$3,100 $9,100
Large Battery – Performance Dual-Motor and Quad-Motor$5,100$9,100

For anyone interested in purchasing a new Rivian, now seems to be a perfect time. With these substantial discounts circulating in the EV industry, there’s never been a better time to buy an EV. You can explore the available Rivian inventory and explore all applicable discounts by visiting: rivian.com/configurations.