Rivian announced that its R1T electric pickup truck will start at $67,500, with the most expensive model starting at $75,000.

The EV maker also announced that at launch, the R1T will have an estimated range of 300 miles. In January 2022, the company plans to release an R1T that has a range of over 400 miles. 

Additionally, the vehicle comes with semi-autonomous capabilities.

"Rivian Driver+ is standard on every vehicle we build," the company says on its website. "Delivering true hands-free driving assistance along with our full set of safety features, the system continually adds functionality through over-the-air updates. By making Driver+ standard, our goal is to make driving safer, easier and less stressful for everyone."

The R1T is available for preorder for $1,000. Rivian will begin delivering vehicles in June 2021.