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R2

All articles tagged with #r2

Rivian bets the R2 can push it into the mass-market EV era
business28 days ago

Rivian bets the R2 can push it into the mass-market EV era

Rivian unveiled the R2, a midsize SUV designed to eventually start under $50k, but initial trims run about $55k–$60k (Launch edition $59,485 and Premium $55,485) with a later $45k version planned. Rivian targets 20,000–25,000 sales this year and has claimed over 100,000 reservations since mid-2024, though no new numbers have been released. Early reviews are positive, but success hinges on ramping production and converting price-sensitive buyers amid stiff EV competition, especially Tesla’s Model Y. A strong R2 could push Rivian toward mass-market status, while a failure could threaten the company.

Rivian’s R2 push targets sub-$50k EV appeal as stock wobbles
business29 days ago

Rivian’s R2 push targets sub-$50k EV appeal as stock wobbles

Rivian unveiled the R2 platform with four trims and pricing aimed to broaden affordability: base around $45,000, long‑range about $48,500, Premium about $54,000, and Performance about $58,000. Deliveries begin in 2026 for the higher trims and 2027 for the Standard models. The move comes amid EV-market headwinds from the loss of a $7,500 tax credit and tariff costs. Analysts project 2026 volumes near 65,000, with long‑term demand potentially exceeding 200,000 vehicles annually; several analysts are cautiously optimistic. Rivian stock fell about 8% after the reveal, though some investors see upside if R2 gains traction against broader market challenges.

Rivian R2 Debuts with $57,990 Performance Trim; Base Model Slated for 2027
automotive29 days ago

Rivian R2 Debuts with $57,990 Performance Trim; Base Model Slated for 2027

Rivian will roll out the R2 this spring starting with the $57,990 Performance trim, featuring two motors, all‑wheel drive, 656 hp, 3.6 seconds 0–60 mph, and over 300 miles of range, plus 21-inch Sport wheels and optional packages. The base R2 Standard won’t hit showrooms until late 2027, while Long Range and Premium variants arrive earlier with prices ranging from about $47,900 to $53,990.

Rivian's R2 targets mass market with a $58k spring price
transportation1 month ago

Rivian's R2 targets mass market with a $58k spring price

Rivian has priced and detailed trims for the R2, its mass-market mid-size EV SUV: the R2 Performance with Launch Package arrives spring 2026 starting at about $57,990; Premium variants follow, with sub-$50k models coming in 2027–2028 and base R2s around $45k. EPA ranges reach up to ~330 miles depending on trim. All R2s include Autonomy+ hardware with a 60-day free trial, and the Launch Package adds a lifetime Autonomy+ subscription.

business1 month ago

Rivian bets on the R2 with a $58K Launch Edition and 330-mile range

Rivian will begin selling its smaller R2 EV this spring with a $58,000 Launch Edition that offers a 330‑mile range, 656 horsepower and lifetime access to Autonomy+; cheaper variants roll out through 2027, including an entry model around $45,000. The move is designed to drive profitability amid slower EV demand and policy changes, with production anchored in Illinois and a new Georgia plant planned to support up to 400,000 vehicles annually, and a pricing ladder that starts at about $57,990 for Performance, $53,990 for Premium, and $48,490 for the 2027 Standard before a late‑2027 version around $45,000 with 275+ miles of range.

Rivian R2 pricing confirmed: base $45k still planned, but most buyers will pay much more
technology1 month ago

Rivian R2 pricing confirmed: base $45k still planned, but most buyers will pay much more

Rivian confirmed the R2 lineup with the first model, the dual-motor Performance, starting at $59,485 and deliveries beginning spring 2026; a Premium trim starts at $55,485 in late 2026, followed by a Long Range Standard at $49,985 arriving early 2027, while the much-anticipated $45k base version is still planned for late 2027 but will cost about $46,495 after destination, meaning many buyers will pay well above the aspirational starting price.

Rivian R2 pricing leaks ahead of official reveal, outlining a $45k–$58k lineup
technology1 month ago

Rivian R2 pricing leaks ahead of official reveal, outlining a $45k–$58k lineup

Rivian’s forthcoming R2 pricing and specs were briefly published in a leaked review before the official SXSW reveal, showing a three-trim lineup: Performance from $57,990 with launch package (plus delivery), Premium from $53,990, and a late-2027 entry-level Standard around $45,000; the 87.9 kWh pack delivers up to ~330 miles, with 656 hp and 609 lb-ft in the Performance variant and 29‑minute fast charging to 80%. Production is slated for Normal, Illinois, with Rivian discontinuing entry trims of the R1S/R1T and targeting roughly 62k–67k deliveries this year, of which 20k–25k are R2 units. Leaked color options include Borealis and new shades Catalina Cove, Esker Silver, and Half Moon Grey.

Rivian’s R2 Debut and Lucid Investor Day Set March 12 Test for EV Bets
business1 month ago

Rivian’s R2 Debut and Lucid Investor Day Set March 12 Test for EV Bets

Rivian will unveil the R2 at SXSW with pricing and trims, signaling a push toward profitability, after removing its $45,000 starting price; Lucid will host an investor day in New York to preview its midsize model and software/autonomy roadmap, with 2026 production guidance of 25k–27k and Saudi-backed liquidity. Both companies, once valued above GM and Ford in 2021, have slumped amid missed targets and leadership changes, and will be hoping the March 12 reveals translate into tangible orders and progress toward sustainable profitability.

Rivian’s R2 Heads to Final Validation Ahead of Production
technology2 months ago

Rivian’s R2 Heads to Final Validation Ahead of Production

Rivian says the R2 development fleet has entered final validation after extensive durability and performance testing across extreme conditions—from Death Valley to subzero environments, soft sand to deep water—with production around the corner. The program emphasizes a robust hardware and software-defined architecture, advanced thermal management, aerodynamics work, and wind-tunnel validation to ensure reliability and capable off-road performance before customer deliveries.

Rivian CEO Discusses CarPlay, Lidar, and Budget-Friendly EVs
automotive6 months ago

Rivian CEO Discusses CarPlay, Lidar, and Budget-Friendly EVs

Rivian CEO RJ Scaringe discusses the company's focus on broadening its vehicle lineup beyond trucks, the upcoming R2 model at a starting price of $45,000, and their conviction in skipping CarPlay in favor of a seamless, integrated digital experience. He emphasizes Rivian's software and hardware innovations, their strategic sourcing and manufacturing in the US, and their advancements in autonomous driving technology, including AI-driven self-driving features expected by 2027. Despite industry challenges like tariffs and supply chain issues, Rivian remains confident in its growth and brand appeal.

Rivian R2 and R3X: The Evolution of Electric SUVs
automotive2 years ago

Rivian R2 and R3X: The Evolution of Electric SUVs

Rivian showcased its new R2 electric SUV in Austin, Texas, impressing onlookers with its exterior color variations and luxurious interior. Despite not being allowed to touch or drive the vehicle, observers were drawn to its haptic scroll wheels and sleek design. The R2's size and features, including two glove boxes and additional storage space, received positive feedback, leading to increased confidence in the decision to reserve the vehicle. Electrek's review emphasized the car's beauty and expressed a preference for it over the Model Y, with the hope that the final product matches the impressive in-person experience.

"Rivian's R2 Innovations: Heat Pump, Tesla Strategy, and Rooftop Tent with Movie Projector"
automotivetech2 years ago

"Rivian's R2 Innovations: Heat Pump, Tesla Strategy, and Rooftop Tent with Movie Projector"

Rivian's newly-unveiled R2 will feature a heat pump to improve efficiency in cold weather, a significant advantage for Northern North America and European markets. This technology, more efficient than resistive heating, will reduce energy consumption and increase winter range. The move signals Rivian's entry into the European market and reflects a shift towards more EU-focused design. The addition of a heat pump raises questions about potential future integration into Rivian's current vehicles, the R1T and R1S.

Rivian's Latest: $45,000 R2 SUV, Rooftop Tent with Movie Projector, and EV Plant Pause
electric-vehicles2 years ago

Rivian's Latest: $45,000 R2 SUV, Rooftop Tent with Movie Projector, and EV Plant Pause

Rivian unveiled its latest electric SUV, the R2, which will be priced at around $45,000 and offer about 300 miles of range. To achieve this more affordable price point, the company made strategic design and engineering decisions, such as simplifying the suspension system, modifying the rear windows, replacing the split tailgate with a rear tray table, and omitting certain features like the built-in Bluetooth speaker. Despite these changes, the R2 maintains Rivian's signature design elements and is expected to hit the market in the first half of 2026.

"Rivian's Production Plans, Activist Challenges, and Surprising Vehicle Unveils"
businesstechnology2 years ago

"Rivian's Production Plans, Activist Challenges, and Surprising Vehicle Unveils"

Rivian is set to earn additional incentives for bringing R2 production to Illinois, with plans to expand its Normal EV plant. The company unveiled its compact, more affordable R2 electric SUV and plans to kick off production in Illinois, saving $2.25 billion while speeding up the launch. The State of Illinois is working on additional incentives for the expansion, and Rivian's stock has seen a 20% increase since the R2 unveiling. The move to begin production in Illinois is expected to save capital and ensure funding through the start of R2 production, following in Tesla's footsteps to get EVs out quicker while saving money.