Not only is it quick, the R1T is capable, with a towing capacity of 11,000 pounds, an air suspension that enables nearly 15 inches of ground clearance for supreme off-roading, and more than 50 different drive mode configurations. A 180-kwh Max pack quad-motor R1T has a 400-mile range. It sheds its roughly 7,000-pound curb weight from 0-60 mph in an astounding 3.0 seconds. The most popular model so far has a 135-kwh Large pack with a four-motor AWD powertrain that makes 835 hp and 908 lb-ft of torque. The base model has a 105-kwh Standard pack with a dual-motor all-wheel-drive setup good for about 260 miles of range. Launched before the R1S SUV, the R1T was the first available battery electric pickup to market and it’s such a great vehicle it won Motor Authority’s Best Car To Buy 2022, given by our sister publication.Ĭalifornia-based Rivian offers the R1T with three powertrains. For more info on income limits and other factors, visit the IRS page. Note, the revised 2023 federal EV tax credit of $7,500 applies to SUVs and trucks that cost less than $80,000 and must have final assembly in North America. In the first year of sales, the F-150 Lightning experienced three price hikes, amounting to a 40% increase, from $41,669 to $57,869 as of December, 2022. Automakers have promised a $40,000 electric truck, but no one has yet to deliver one. Pickups account for nearly 20% of all new-vehicle sales, and in 2022, consumers paid about $60,000 on average for a new pickup truck.Įlectric trucks follow a similar pattern. No matter the iteration or the powertrain, pickup trucks get more expensive each year, averaging at least a 3% increase annually since 2009, according to J.D. Loaded with luxury and convenience options, the basic but long-lasting work truck has evolved into a family truck that can double as a mobile boardroom. GM and Ram are playing catchup, but the Thursday reveal of the Ram 1500 Revolution BEV Concept proves that the evolution is just beginning, and greater innovations reimagine and recreate what can be done with the traditional pickup truck form. They’re not just great trucks, they’re evolutionary vehicles. The electric pickup truck won our overall Best Car To Buy 2023 award. for more than four decades, the Ford F-150, got even better with the Ford F-150 Lightning. The Rivian R1T won The Car Connection Best Luxury Car To Buy 2023 award, while the bestselling vehicle in the U.S. ( The Car Connection) - Electric pickup trucks are no longer a prospect: they are a reality. Please look at the time stamp on the story to see when it was last updated. I have always been a strong believer in what Foxconn is doing to accelerate the adoption of electric vehicles, and we are proud to be their partner.This is an archived article and the information in the article may be outdated. "Our strategic partnership with Foxconn provides LMC with a flexible and less capital-intensive business model, access to broad supply chain and software capabilities, and an effective vehicle development platform to bring EVs to market faster and more efficiently. "The closing of the Foxconn APA and the completion of a joint venture agreement for the development of new electric vehicles using Foxconn's MIH platform are important milestones for LMC," said Daniel Ninivaggi, CEO of Lordstown Motors. "Lordstown Motors' strong engineering and product development capabilities globally provide LMC a scalable vehicle development platform in North America, accelerating EV development, reducing product development costs, and increasing the breadth of LMC's product portfolio over time," Lordstown said in a statement. The MIH platform will be highly flexible and can be used for several applications. The objective of this business plan is to provide a faster concept-to-production cycle for smaller automakers.
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