Rivian revealed its next electric vehicle, the R2, a more affordable SUV that the company is counting on having a much broader appeal than its stylish — and expensive — R1T trucks and R1S SUVs.
The R2 won’t go into production until the first half of 2026, but when it does it will come with an estimated range of over 300 miles, a 0–60mph time of three seconds, and a starting price of $45,000 — placing it slightly below the current average selling price for a new internal combustion vehicle. The price could be even lower if it ends up qualifying for the $7,500 federal EV tax credit.