Rivian R2 official: $45k, late 2027
Rivian officially unveiled its R2 midsize electric SUV lineup, but the base model won't arrive until late 2027 with a $45,000 price tag Rivian's base R2 starts at $45K but won't be available until late 2027. A special edition R2 will launch this spring for around $58,000 Rivian Has Finally Launched the R2—Why the EV Maker's Survival May Depend On It. Rivian needs to get R2 production costs under $50,000 this year to profit Rivian Has Finally Launched the R2—Why the EV Maker's Survival May Depend On It.
Rivian initially planned to produce the R2 at a new Georgia factory, but those plans were delayed to 2028. Instead, the R2 will be built at Rivian's existing plant in Normal, Illinois, which is being expanded to allow for an annual production capacity of 215,000 vehicles, with 155,000 potentially being R2s. The company has already begun manufacturing validation builds at the Normal plant. The R2 line-up includes a Performance model (available this spring), a Premium trim (late 2026), and a Standard trim (late 2027). The Performance version will have 656 horsepower and can go from 0 to 60 mph in 3.6 seconds. The Standard model, with a single motor, will have 350 hp and is estimated to achieve 345 miles of range. Rivian unveiled the R2 in March 2024, alongside the smaller R3 compact SUV. The R2 is designed as a more affordable, compact alternative to the R1S. Rivian aims to deliver between 20,000 and 25,000 vehicles in 2026.
