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Production of the R2 is approaching, but Rivian will still need to deal with plenty of financial matters beforehand.
Rivian CEO RJ Scaringe said during Tuesday's second-quarter earnings call that US policies around EVs will impact Rivian's ...
Rivian hopes that the new R2, with a lower starting price of $45,000, and eventually the R3, whenever it goes into production, will help the company entice more people to make the switch to electric.
Rivian revealed both new models last month, while announcing that the R2, at least initially, will be made in Illinois. The company received more than 68,000 preorders for the $45,000 R2 within 24 ...
Rivian Shares Sink on Cautious Outlook. Is This a Buying Opportunity or Should Investors Run for the Hills? Rivian reported ...
Rivian Automotive, Inc. RIVN has laid off approximately 140 employees or about 1% of its workforce, as it gears up for the 2026 launch of its more affordable R2 SUV, per TechCrunch.
While the Rivian R2 will have some changes from concept car to production car, one key feature will make the leap into ...
In order to get the R2 to market more quickly, Rivian will begin building its second-generation EVs at its plant in Normal, where the inaugural full-sized R1 line has been in production since 2021.
Rivian’s R2 is essentially a smaller R1S offered at a cheaper price point. It will be based on Rivian’s next-gen EV platform designed to cut costs with maximum flexibility.
Deliveries have jumped, prompting analyst upgrades as the company shifts production to its increasingly popular R1S SUV. But Rivian’s breakthrough vehicle won’t arrive until the R2.
The R2, hitting the market by 2026, is expected to be offered as both a compact SUV and pickup priced at between $40,000 and $60,000, much less expensive than its current products, which start at ...