# Rivian starts production of its smaller R2 SUVs, with customer deliveries expected later this spring.

*semiconductor · news · 2026-04-22 · MarketScreener*

## Key points

- Rivian's new R2 SUV began production and will start customer deliveries later this spring.
- Rivian's R2 will eventually cost less than half as much to build as the R1 due to part consolidation.
- A rear-wheel-drive R2 Standard variant at $48,490 is due in 2027, with a $45,000 version expected late 2027.
- Rivian has developed its own self-driving chip and secured up to $1.25 billion from Uber for a robotaxi partnership centered on the R2.

**Companies:** Rivian
**Countries:** United States

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