TECH - Rivian's Earth-Day Offer: Trade In Your Gas-Powered Car And Get Up To $5K Off On R1 EV | Benzinga
Rivian Automotive, Inc. (NASDAQ:RIVN) on Monday quietly sneaked in a price benefit to its users even as industry leader Tesla announced price cuts over the weekend.
What Happened: Commemorating the ‘Earth Day,’ observed every year on April 22, Rivian said it would start offering a discount of up to $5,000 on qualifying new R1 models when customers trade in select gas-powered vehicles.
Additionally, buyers become eligible for a year of charging on the Rivian Adventure Network at no additional cost.
The discount, ranging from $1,000 to $5,000 is made available to customers in the U.S. and Canada and is applicable for deliveries taken between Monday (April 22) and June 30. The details of the trims and the applicable discounts are as follows:
Discount (USD) Discount (CAD)
R1T ...