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Latest News
Will Rivian’s Gross Profit Be Real or Just a One-Time Boost?
There’s a rumor floating around that Rivian might report a gross profit for Q4 when they announce earnings on February 20th. But here’s the catch, it might not be because they’re actually making money on each vehicle. Word is, they’ve been sitting on a pile of regulatory credits all year and are cashing them in now to make the numbers look better. If that’s true, it doesn’t mean Rivian has magically fixed its cost issues. They’re still spending more to…
Rivian’s New Lease Offer R1 Dual Standard Starting at $599/Month
Rivian just rolled out a new lease deal, and it’s looking pretty solid. If you’re eyeing an R1T or R1S with the Dual-Motor Standard pack, you can now lease one starting at $599/month with $6,000 down on a 24 or 36-month term (10k miles per year). To give you an idea of the numbers, let’s take an R1S Dual Standard in LA Silver with 20” All-Season tires, Black Mountain interior, and the Bright package. After factoring in the $6,000 down payment, $895 acquisition fee, taxes/fees (varies by location), and…
Rivian Teases a Mysterious Announcement for February 19th
Rivian just dropped a teaser for something coming on February 19th, and it’s got the community buzzing. The teaser images and emails hint at sand dunes, with Rivian’s message reading: “A mirage takes shape on Feb 19.” The email image shows what looks like dunes seen through the R1T’s Gear Tunnel, which makes this even more intriguing. Is it a new desert-focused driving mode? A special sand-ready variant of the R1 lineup? Or maybe something entirely unexpected? Whatever it is, Rivian fans won’t have to wait…
RJ Scaringe to Speak at SXSW 2025 on the Future of EVs and AI
If you’re into electric vehicles, sustainable tech, or just love seeing how the world is shifting toward a cleaner future, SXSW 2025 has something big lined up. Rivian’s founder and CEO, RJ Scaringe, is set to take the stage as a keynote speaker on March 11, 2025, from 4-5 PM CT, diving into what’s next for EVs, artificial intelligence, and how we rethink mobility in a changing world. Titled “The Moment We’re In: Transitioning How We Move, Think, and Change The Planet,” Scaringe’s talk…
Rivian Price Increase Coming to Canada on February 25
Rivian is about to get pricier in Canada. Starting February 25, the R1S and R1T will see price hikes of up to $10,000 CAD due to exchange rate changes. If you’ve been eyeing one, now’s the time to lock in the current pricing before the increase kicks in. You can place an order now or chat with a sales advisor to secure your deal. And if you’re looking for extra savings, check out Rivian’s All-Electric Upgrade offer. Don’t wait too long—this window…