Rivian announces March 7 reveal for more affordable, compact R2 model, set for 2026 delivery as a rival to Tesla Model Y.

Rivian confirms March 7 reveal date for its second all-electric model, R2, with a more compact size and affordable price tag to boost brand reach and profitability. Deliveries expected in 2026, positioned against Tesla Model Y. The R2 will likely be a smaller SUV, with the Model Y starting at $43,990 ($67,800) in the US. If priced to compete, R2 could be more affordable than Rivian's current R1S model.

July 05, 2024
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