Rivian R2 Launches With $58,000 Model, Cheaper Version Delayed

In Brief

Rivian will begin R2 deliveries with a $58,000 model, while the $45,000 version will arrive later.

Key Facts

• Rivian's R2 electric vehicle will launch with a $58,000 model.
• The previously announced $45,000 version will not be available at launch.
• Deliveries of the R2 are set to begin with the higher-priced variant.

What Happened

Rivian revealed that its R2 electric vehicle will initially be available as a $58,000 model, with the $45,000 version delayed.

Why It Matters

The R2 is positioned as a more affordable EV in Rivian’s lineup, and the delay of the $45,000 version may affect consumer expectations and market competition. Based on a single source report

What's Next

Customers interested in the lower-priced R2 will need to wait for further announcements regarding its availability.