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Rivian starts production of its smaller R2 SUVs, with customer deliveries expected later this spring.
Rivian's new R2 SUV began production and will start customer deliveries later this spring.
KEY POINTS
- 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
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