Topics
Latest
AI
Amazon
Image Credits:Rivian
Apps
Biotech & Health
Climate
Image Credits:Rivian
Cloud Computing
DoC
Crypto
Enterprise
EVs
Fintech
fund-raise
Gadgets
punt
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
privateness
Robotics
Security
societal
infinite
Startups
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
video
Partner Content
TechCrunch Brand Studio
Crunchboard
meet Us
Rivianis offering discounts of up to $ 5,000 on its electron volt — and a year of detached charging — to customers uncoerced to trade in their petrol - power hand truck and sport utility . The company is offer discount rate on three R1 T pickup motortruck trim and one R1S SUV model .
The promotion , which kick off on April 22 , is aimed directly at some of the bestselling and most omnipresent gas - power trucks and SUVs on the market place today , including the Ford F-150 , Toyota Tacoma and Jeep Wrangler . Rivian is even go after German car manufacturer Audi and BMW . The price cut varies between $ 1,000 and $ 5,000 , depend on the model .
The company raise the“electric upgrade offer”on Monday in an email to prospective client and also via Emily Post onsocial media . The discount occur as need for agiotage and opulence EVs has yield across the manufacture , prompting car maker such as Ford , Lucid and Tesla toreduce prices .
Faced with changeable need , many legacy automakers have alsopared down plansto shift their portfolio to only battery - galvanising vehicle . Gas - powered vehicles and loanblend are back en style thanks to the steady sales and lucre margins they offer .
Rivian , which is expected to produce only about 57,000 EVs in 2024 , wo n’t unseat the bestselling trucks on the market . But the forwarding could help it gain ground over a young batch of customers .
Only owners of specific gas - powered vehicle will be eligible for the deal - in . The vehicles admit 2018 or newer Ford F-150 trucks , Ford Explorer , and the Ford Expedition and Bronco , with the exception of the Bronco Sport . Other eligible trade - IN are 2018 or new Toyota Tacoma , Toyota Tundra , Toyota Highlander , Toyota 4Runner , Jeep Grand Cherokee , Jeep Wrangler and Jeep Gladiator . The Audi Q5 , Q7 and Q8 , as well as the BMW X3 , X5 and X7 also qualify .
The deal applies to client who want to lease or buy a fomite , although they must take rescue by June 30 . Rivian is also throwing in a yr of complimentary charging at any Rivian - possess battery charger in the United States as an total hook . Rivian fast - chargers , which are branded the Rivian Adventure connection , are not nearly as rich as the Tesla Supercharging web . The company has installed 433 fast - chargers at 71 stations , including in Arizona , California , Oregon , Washington , Colorado and along the East Coast . Rivian has also install 482 Level 2 chargers ( called Waypoints ) at 180 springy site throughout the United States .