{"id":211430,"date":"2024-03-08T21:24:05","date_gmt":"2024-03-08T21:24:05","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/08\/rivians-r2-pre-order-numbers-hint-at-pent-up-demand-for-musk-free-ev-innovation\/"},"modified":"2025-06-25T17:20:59","modified_gmt":"2025-06-25T17:20:59","slug":"rivians-r2-pre-order-numbers-hint-at-pent-up-demand-for-musk-free-ev-innovation","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/08\/rivians-r2-pre-order-numbers-hint-at-pent-up-demand-for-musk-free-ev-innovation\/","title":{"rendered":"Rivian\u2019s R2 pre-order numbers hint at pent-up demand for Musk-free EV innovation"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Rivian\u2019s R2 reservations are off to a hot start. On Friday, CEO RJ Scaringe<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/twitter.com\/RJScaringe\/status\/1766099647712657839\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:posted;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> posted<\/a> on X that the automaker had taken more than 68,000 reservations for the SUV in less than 24 hours. Amid alarmingly<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/www.nytimes.com\/2023\/11\/07\/business\/energy-environment\/electric-vehicles-sales.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:weakened;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> weakened<\/a> demand for electric vehicles, perhaps there\u2019s a latent interest in innovative EV companies when they aren\u2019t helmed by a conflict magnet with a fixation on<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.engadget.com\/walmart-says-its-no-longer-advertising-on-x-215940504.html\" data-ylk=\"slk:baseless conspiracy theories;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> baseless conspiracy theories<\/a> and the supposed<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.engadget.com\/twitter-restores-andrew-anglins-account-192658758.html\" data-ylk=\"slk:online \u201crights\u201d of Neo-Nazis;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> online \u201crights\u201d of Neo-Nazis<\/a>.<\/p>\n<p>Rivian\u2019s 68,000 reservations hold up well against its most high-profile competitors. It took Ford about three weeks to get 100,000 pre-orders for the F-150 Lightning. Tesla\u2019s Cybertruck got 250,000 reservations in less than a week. To be fair, reserving a Rivian R2 only<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/rivian.com\/reserve\/r2\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:requires;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> requires<\/a> a $100 deposit the same as the Cybertruck and F-150 Lightning.Customers plunking down a Benjamin to hold one have no obligation to pay the remaining $44,900 (and up) when the vehicle finally arrives in 2026, and even if they intend to buy one now, that\u2019s plenty of time to change their minds.<\/p>\n<p>You could argue that \u2014 like with Tesla and Ford \u2014 Rivian chose the low deposit to build hype, knowing full well that many pre-order customers won\u2019t follow through. But it also helps that<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/www.engadget.com\/rivian-reveals-the-45000-r2-electric-suv-and-its-siblings-the-r3-and-r3x-185640727.html\" data-ylk=\"slk:Rivian\u2019s event on Thursday;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> Rivian\u2019s event on Thursday<\/a> did everything the company needed. The R2 looks \u201cquite fetching,\u201d as Engadget\u2019s Lawrence Bonk pointed out. On the inside, it has sleek and subtle details like two glove boxes, fold-down rear and front seats, a slide-out cargo floor and dual scroll wheels with dynamic haptic feedback on the steering wheel. It also has a 300-mile minimum range and a $45,000 starting price, which doesn&#8217;t hurt.<\/p>\n<div class=\"twitter-tweet-wrapper\" data-embed-anchor=\"ad1dc47b-0596-5e62-9a75-8c6d606e7cdd\">\n<blockquote placeholder=\"\" data-theme=\"light\" class=\"twitter-tweet\">\n<p>Overwhelmed by the wonderful response to our new vehicles: R2, R3 and R3X. <\/p>\n<p>In less than 24 hours, we\u2019ve taken more than 68,000 R2 reservations. We are thrilled to see this vehicle resonate so strongly with our community! <a href=\"https:\/\/t.co\/tEIBhwlJQC\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:pic.twitter.com\/tEIBhwlJQC;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">pic.twitter.com\/tEIBhwlJQC<\/a><\/p>\n<p>\u2014 RJ Scaringe (@RJScaringe) <a href=\"https:\/\/twitter.com\/RJScaringe\/status\/1766099647712657839?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:March 8, 2024;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">March 8, 2024<\/a><\/p>\n<\/blockquote>\n<\/div>\n<p>And, of course, the surprise \u201cOne more thing\u201d-style reveal of the cheaper, sportier and more compact R3 and R3X could help provide a halo effect for the company when it desperately needs to build excitement around its brand. In February, Rivian announced that it would lay off 10 percent of its salaried workers, and this week, it cut 100 employees at its Illinois factory. Still, the EV market could use a new \u201chero.\u201d I have no idea if Rivian or its CEO, RJ Scaringe, has potential to be the face of the industry. But Elon Musk, its current poster boy, is<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/www.engadget.com\/elon-musks-x-could-lose-75-million-in-ad-revenue-following-antisemitic-content-backlash-075316116.html\" data-ylk=\"slk:a lightning rod for unnecessary turmoil;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> a lightning rod for unnecessary turmoil<\/a>.<\/p>\n<p>In a<a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/fortune.com\/2024\/01\/08\/us-ev-sales-fell-short-predictions-2023-elon-musk-range-anxiety-blame-according-new-poll-auto-will-johnson\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:survey;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> survey<\/a> of Americans conducted by<a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/theharrispoll.com\/insights-news\/reports\/automotive-and-transportation\/the-road-to-electric-vehicle\/#download-ev\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:The Harris Poll;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> The Harris Poll<\/a> late last year, 45 percent of respondents said they had a lower opinion of EVs \u201cbecause of the actions of people associated with them.\u201d (I\u2019m pretty sure they didn\u2019t mean<a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/www.engadget.com\/ford-hires-doug-field-204511159.html\" data-ylk=\"slk:Ford\u2019s Doug Field;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> Ford\u2019s Doug Field<\/a> or<a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/www.engadget.com\/mary-barra-bill-ford-jr-184500237.html\" data-ylk=\"slk:GM\u2019s Mary Barra;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> GM\u2019s Mary Barra<\/a>.)<\/p>\n<p>Perhaps Rivian\u2019s impressive showing reveals at least some Americans have an appetite for an EV maker that\u2019s neither a traditional auto company nor one helmed by someone who, at times, seems more interested in<a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/www.engadget.com\/elon-musks-x-corp-sues-anti-hate-group-over-its-research-060156126.html\" data-ylk=\"slk:behaving like a teenage contrarian;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> behaving like a teenage contrarian<\/a> than a responsible adult serving as the public face of an industry the world desperately needs to grow up \u2014 and get people excited about driving electric vehicles \u2014 as climate change begins to<a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/www.engadget.com\/new-report-says-the-world-is-on-a-disastrous-trajectory-due-to-climate-change-132508138.html\" data-ylk=\"slk:ravage the planet;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> ravage the planet<\/a>.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.engadget.com\/rivians-r2-pre-order-numbers-hint-at-pent-up-demand-for-musk-free-ev-innovation-211755052.html?src=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Rivian\u2019s R2 reservations are off to a hot start. On Friday, CEO RJ Scaringe posted on X that the automaker had taken more than<\/p>\n","protected":false},"author":1,"featured_media":211431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[159],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/211430"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=211430"}],"version-history":[{"count":2,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/211430\/revisions"}],"predecessor-version":[{"id":339368,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/211430\/revisions\/339368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/211431"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=211430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=211430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=211430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}