Rivian announced on Monday more details about its R1S electric SUV, announcing it had its first deliveries last week—but to the company’s CEO and CFO, not customers.
“We made our first R1S deliveries last week from our factory in Normal, IL to RJ and our CFO Claire,” said Rivian.
“We’re working towards ramping production over the next few months on our way to full volume production. Thanks to our team for all the hard work to make it happen!”, announced the company.
Rivian shared two images of the R1S electric SUV coming off its assembly line. The SUV can have a quad-motor setup that can go 0 to 60 mph in 3 seconds and can tow up to 7,700 pounds, plus have a wading depth of over 3 feet.
The R1S starts at $70,000 USD for the Explore Package and $75,500 USD for its Adventure Package, both of which come with a battery that offers an estimated 316 miles of range.
Last week Rivian posted its first quarterly earnings, seeing a net loss of $1.2 billion as the automaker struggled to meet production guidance. The company also announced a second EV plant was coming in Georgia at the cost of $5 billion USD. Shares of Rivian are down 7.88% on Monday as of writing, as the market reacts to the company’s production cuts and Q3 results.
Going by Rivian’s calculations of vehicles being ‘delivered’, it could be said Tesla has also delivered its Cybertruck as well to CEO Elon Musk.
