In a groundbreaking move set to redefine Electric Vehicle (EV) leasing, Rivian has officially announced the launch of its R1T leasing program, scheduled to kick off next week. This development is poised to be a game-changer in the evolving landscape of electric adventure, catering to enthusiasts and potential Rivian customers in select states across the United States.
Diverse Choices in Rivian’s Online Inventory
Prospective lessees now have the liberty to choose from an array of cutting-edge vehicles listed in Rivia n’s comprehensive online inventory. However, it’s essential to note that the availability of vehicles will vary depending on the state in which customers plan to take delivery. Rivian aims to provide a swift delivery experience, with estimates ranging from 1 to 6 weeks for R1T configurations available through its inventory.
Among the enticing options in Rivian’s inventory is the silver R1T Dual-Motor AWD, equipped with two tow hooks and a Max battery pack, priced at $93,500. For those seeking an extra dose of performance, the limestone R1T Dual-Motor AWD Performance, featuring the Max battery pack, is available at $97,750. These configurations exemplify Rivian’s commitment to delivering versatility and performance in the rapidly evolving EV market.
Special Offers to Sweeten the Deal
To sweeten the deal, Rivian has recently introduced special offers for customers making purchases from its inventory shop. Every R1T purchase will be accompanied by a complimentary Rivian Wall Charger, enhancing the EV ownership experience. Additionally, buyers stand to gain up to $2,000 in credit from Qmerit, making Rivian’s offerings not only cutting-edge but also economically attractive. Act promptly, as this limited-time offer is set to conclude on December 21, 2023.
Rivian’s Positive Surge: Q3 2023 Results
Rivian’s strategic move comes on the heels of a positive surge in its performance, as reflected in the recently released Q3 2023 results. The company has not only met but exceeded expectations, prompting an upward revision of its 2023 production guidance. Rivian is now projecting a production target of 54,000 units, showcasing its confidence in meeting the growing demand for its electric vehicles.
Addressing the development, Rivian expressed, “Due to the progress experienced on our production lines, the ramp of our in-house motor line, and the supply chain outlook, we are increasing our 2023 production guidance to 54,000 total units. Our progress on cost management has also continued, and therefore, we are improving our Adj. EBITDA guidance to $(4,000) million. We are also lowering our capital expenditures guidance to $1,100 million.”
Conclusion: Rivian’s Trailblazing Path in EV Leasing
Rivian’s unveiling of the R1T leasing program is undeniably a pioneering stride in the electric vehicle industry. As the automotive landscape undergoes a paradigm shift towards sustainable and cutting-edge transportation solutions, Rivian is at the forefront, offering not just electric vehicles but an entire experience. From diverse vehicle configurations to enticing promotional offers, the company is setting a new standard for what it means to drive electric.
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SOURCE : TESLARATI
FAQs
In which states will the R1T Electric Adventure program be initially available?
The program will be available in select states across the United States.
What is the delivery estimate for R1T configurations through the online inventory?
Delivery estimates range from 1 to 6 weeks for R1T configurations via the online inventory.
What special offers are available for R1T purchases?
Customers making R1T purchases are eligible for a complimentary Wall Charger and up to $2,000 in credit from Qmerit until December 21, 2023.
What is the revised 2023 production guidance for R1T Electric Adventure vehicles?
The revised 2023 production guidance for R1T Electric Adventure vehicles is set at 54,000 total units.
Have there been any other financial adjustments based on recent results?
Yes, based on the recently released Q3 2023 results, there have been positive adjustments, including an improved Adj. EBITDA guidance to $(4,000) million and a lowered capital expenditures guidance to $1,100 million.