Rivian makes a massive price cuts on the R1S and R1T in inventory

Rivian is cutting prices of its R1S and R1T models that are currently in inventory. The discounts apply to the 2023 and 2024 model years in the US and Canada. The company is aiming to boost Q2 sales and clear invetory amidst the slowing growth in EV sales in general.

The Large Pack of the R1S is getting a nice $2,000 discount, while the Max Pack's price is down by $4,000. The Quad-Motor AWD powertrain is also down $2,000.

The R1T pickup's Large Pack with dual-motor powertrain is down $4,000, while the Large Pack is down $3,100, no matter the powertrain. Rivian is also giving the Performance DM AWD upgrade for you, which usually costs an extra $5,000.

Since this is an inventory discount, prices may vary depending on the specific vehicle you choose.

Via