ALL RIVIANS UNDER THE $80,000 PRICE CAP QUALIFY FOR $3,750 FEDERAL TAX CREDIT
When leasing, the incentive jumps to $7,500.
The 2024 Rivian R1S and Rivian R1T are now listed by the IRS as eligible for the $3,750 federal tax credit.
We already knew that the R1S and R1T with Large and Max battery packs qualified for half of the maximum incentive ($7,500) but official confirmation about the all-new Standard and Standard+ battery packs was missing.
As we can see on the fueleconomy.gov website, all Rivian R1S and R1T versions, under the $80,000 price cap, qualify for the $3,750 incentive.
The list includes five R1S versions (Dual Standard, Dual Standard+, Perf. Dual Standard+, Dual Large and Quad Large) and seven R1T versions (Dual Standard, Dual Standard+, Perf. Dual Standard+, Dual Large , Perf. Dual Large, Dual Max and Quad Large). A few types are missing, but their MSRPs are above $80,000.
All Rivian R1S and R1T under an MSRP of $80,000 are qualified for the incentive when purchasing. Specifically, the new more affordable battery versions: Standard and Standard+.
The $3,750 incentive means that Rivian meets only one out of two battery-related requirements. Meeting both (for critical minerals and battery components) would allow it to secure the full amount of $7,500. However, the full amount might be available through leasing since battery-related requirements are not present when leasing.
Below, we listed all Rivian EV configurations (mostly Standard and Standard+) that qualify for the $3,750 federal tax credit, including powertrain, battery and wheel options:
| Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
| 2024 Rivian R1S DM AWD (Std) 21-in | $74,900 | +$1,800 | $3,750 | $72,950 |
| 2024 Rivian R1S DM AWD (Std) 22-in | $77,400 | +$1,800 | $3,750 | $75,450 |
| 2024 Rivian R1S DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2024 Rivian R1T DM AWD (Std) 21-in | $69,900 | +$1,800 | $3,750 | $67,950 |
| 2024 Rivian R1T DM AWD (Std) 22-in | $72,400 | +$1,800 | $3,750 | $70,450 |
| 2024 Rivian R1T DM AWD (Std+) AT 20-in | $76,850 | +$1,800 | $3,750 | $74,900 |
| 2024 Rivian R1T DM AWD (Std+) 21-in | $73,000 | +$1,800 | $3,750 | $71,050 |
| 2024 Rivian R1T DM AWD (Std+) 22-in | $75,500 | +$1,800 | $3,750 | $73,550 |
| 2024 Rivian R1T Perf. DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2023 Rivian R1T DM AWD (Large) 21-in | $79,000 | +$1,800 | $3,750 | $77,050 |
The base Rivian R1S starts at an MSRP of $74,900, while the R1T pickup starts at $69,900. Those are the prices for a Standard battery (106 kilowatt-hours), Dual Motor all-wheel drive powertrain and 21-inch wheels.
There are three other battery options: Standard+ (121 kWh for $3,100 more), Large (135 kWh for $9,100 more) and Max (149 kWh for $19,100 more). Switching to a Performance Dual Motor powertrain costs $5,000, while a Quad Motor costs $8,000. Please note that not all battery and powertrain options can be selected in the same configuration. Below, we attached the full Rivian EV pricelist:
| Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
| 2024 Rivian R1S DM AWD (Std) 21-in | $74,900 | +$1,800 | $3,750 | $72,950 |
| 2024 Rivian R1S DM AWD (Std) 22-in | $77,400 | +$1,800 | $3,750 | $75,450 |
| 2024 Rivian R1S DM AWD (Std+) AT 20-in | $81,600 | +$1,800 | N/A | $83,400 |
| 2024 Rivian R1S DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2024 Rivian R1S DM AWD (Std+) 22-in | $80,500 | +$1,800 | N/A | $82,300 |
| 2024 Rivian R1S Perf. DM AWD (Std+) AT 20-in | $86,600 | +$1,800 | N/A | $88,400 |
| 2024 Rivian R1S Perf. DM AWD (Std+) 21-in | $83,000 | +$1,800 | N/A | $84,800 |
| 2024 Rivian R1S Perf. DM AWD (Std+) 22-in | $85,500 | +$1,800 | N/A | $87,300 |
| 2023 Rivian R1S DM AWD (Large) AT 20-in | $87,600 | +$1,800 | N/A | $89,400 |
| 2023 Rivian R1S DM AWD (Large) 21-in | $84,000 | +$1,800 | N/A | $85,800 |
| 2023 Rivian R1S DM AWD (Large) 22-in | $86,500 | +$1,800 | N/A | $88,300 |
| 2023 Rivian R1S Perf. DM AWD (Large) AT 20-in | $92,600 | +$1,800 | N/A | $94,400 |
| 2023 Rivian R1S Perf. DM AWD (Large) 21-in | $89,000 | +$1,800 | N/A | $90,800 |
| 2023 Rivian R1S Perf. DM AWD (Large) 22-in | $91,500 | +$1,800 | N/A | $93,300 |
| 2023 Rivian R1S DM AWD (Max) AT 20-in | $97,600 | +$1,800 | N/A | $99,400 |
| 2023 Rivian R1S DM AWD (Max) 21-in | $94,000 | +$1,800 | N/A | $95,800 |
| 2023 Rivian R1S DM AWD (Max) 22-in | $96,500 | +$1,800 | N/A | $98,300 |
| 2023 Rivian R1S Perf. DM AWD (Max) AT 20-in | $102,600 | +$1,800 | N/A | $104,400 |
| 2023 Rivian R1S Perf. DM AWD (Max) 21-in | $99,000 | +$1,800 | N/A | $100,800 |
| 2023 Rivian R1S Perf. DM AWD (Max) 22-in | $101,500 | +$1,800 | N/A | $103,300 |
| 2023 Rivian R1S QM AWD (Large) AT 20-in | $95,600 | +$1,800 | N/A | $97,400 |
| 2023 Rivian R1S QM AWD (Large) 21-in | $92,000 | +$1,800 | N/A | $93,800 |
| 2023 Rivian R1S QM AWD (Large) 22-in | $94,500 | +$1,800 | N/A | $96,300 |
| 2024 Rivian R1T DM AWD (Std) 21-in | $69,900 | +$1,800 | $3,750 | $67,950 |
| 2024 Rivian R1T DM AWD (Std) 22-in | $72,400 | +$1,800 | $3,750 | $70,450 |
| 2024 Rivian R1T DM AWD (Std+) AT 20-in | $76,850 | +$1,800 | $3,750 | $74,900 |
| 2024 Rivian R1T DM AWD (Std+) 21-in | $73,000 | +$1,800 | $3,750 | $71,050 |
| 2024 Rivian R1T DM AWD (Std+) 22-in | $75,500 | +$1,800 | $3,750 | $73,550 |
| 2024 Rivian R1T Perf. DM AWD (Std+) AT 20-in | $81,850 | +$1,800 | N/A | $83,650 |
| 2024 Rivian R1T Perf. DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2024 Rivian R1T Perf. DM AWD (Std+) 22-in | $80,500 | +$1,800 | N/A | $82,300 |
| 2023 Rivian R1T DM AWD (Large) AT 20-in | $82,500 | +$1,800 | N/A | $84,300 |
| 2023 Rivian R1T DM AWD (Large) 21-in | $79,000 | +$1,800 | $3,750 | $77,050 |
| 2023 Rivian R1T DM AWD (Large) 22-in | $81,500 | +$1,800 | N/A | $83,300 |
| 2023 Rivian R1T Perf. DM AWD (Large) AT 20-in | $87,850 | +$1,800 | N/A | $89,650 |
| 2023 Rivian R1T Perf. DM AWD (Large) 21-in | $84,000 | +$1,800 | N/A | $85,800 |
| 2023 Rivian R1T Perf. DM AWD (Large) 22-in | $86,500 | +$1,800 | N/A | $88,300 |
| 2023 Rivian R1T DM AWD (Max) AT 20-in | $92,850 | +$1,800 | N/A | $94,650 |
| 2023 Rivian R1T DM AWD (Max) 21-in | $89,000 | +$1,800 | N/A | $90,800 |
| 2023 Rivian R1T DM AWD (Max) 22-in | $91,500 | +$1,800 | N/A | $93,300 |
| 2023 Rivian R1T Perf. DM AWD (Max) AT 20-in | $97,850 | +$1,800 | N/A | $99,650 |
| 2023 Rivian R1T Perf. DM AWD (Max) 21-in | $94,000 | +$1,800 | N/A | $95,800 |
| 2023 Rivian R1T Perf. DM AWD (Max) 22-in | $96,500 | +$1,800 | N/A | $98,300 |
| 2023 Rivian R1T QM AWD (Large) AT 20-in | $90,850 | +$1,800 | N/A | $92,650 |
| 2023 Rivian R1T QM AWD (Large) 21-in | $87,000 | +$1,800 | N/A | $88,800 |
| 2023 Rivian R1T QM AWD (Large) 22-in | $89,500 | +$1,800 | N/A | $91,300 |
The delivery charge for Rivian EVs is $1,800.
See also
2024-04-26T20:49:57Z dg43tfdfdgfd