The first Rivian R1T available will be the Launch Edition, which will commence deliveries in June 2021. All Launch Edition models will come standard with a 750 horsepower all-wheel-drive powertrain and a “Large” battery pack with 300+ miles of range. Standard equipment will include underbody skid plates, an onboard air compressor, 20-inch wheels with off-road tires, heated and ventilated seats and open-pore wood trim.
In January 2022, Rivian will launch the Adventure and Explore trim levels, which will have the same “Large” battery pack and 750 horsepower powertrain as the Launch Edition. The Adventure trim will also start at $75,000 and will feature many of the same extras as the Launch Edition, save for minor cosmetic items like the limited-edition green exterior paint and Launch Edition badging. The Explore, meanwhile, ditches the off-road equipment and some of the creature comforts, dropping its price to $67,500. Again, the $67,500 model won’t be available until 2022.
Rivian says it will introduce an uprated R1T model variant in the future that will have a larger battery pack and over 400 miles of range. It will also introduce a budget model with roughly 250 miles of range on tap, which will undercut the $67,500 Explore trim.
With this competitive pricing structure, the Rivian R1T successfully undercuts the GMC Hummer EV. The only Hummer EV model variant that will be available in 2021, the Launch Edition, is priced firmly from $112,595. The Hummer is more powerful, however, producing 1,000 horsepower from its tri-motor powertrain. It also has 350+ miles of estimated range, outclassing the R1T Launch Edition and Adventure’s estimated range of 300+ miles.
The cheapest GMC Hummer EV will be the EV2, which will have a 625 horsepower dual-motor powertrain and an estimated 250+ miles of range. While the price of this model is comparable to the $75,000 Rivian R1T Launch Edition or Adventure, it won’t go on sale until Spring 2024.
The GMC Hummer EV will have no shortage of competition when it arrives next year, with the Rivian R1T and Tesla Cybertruck both shaping up to be serious rivals to General Motors‘ new electric pickup. Rivian also has financial backing from major companies like Amazon and Ford, lending some further credibility to the start-up.