Earlier this week, Rivian announced that its capable new EV truck, the Rivian R1T, would be offered in a cheaper dual-motor configuration. However, that news also came with a massive price increase of up to 20% to current options, including those already pre-ordered. After instant backlash and cancelations, the company reversed its decision, but it’s not all good news.
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Rivian Backtracks On Price Increases, But It’s Not All Good News
