Rivian R2 2026: Specs, Price, Availability

For years, Rivian made one argument: Serious all-electric adventure vehicles had to cost serious money. The R1S, still one of the more capable off-roaders on any surface, starts at $75,900. The Tri Max configuration tips well past $105,000. A great SUV. Not a mass-market product. The R2 is Rivian's answer to its own problem.

This midsize, five-seat electric SUV, built on an entirely new platform, is not merely a stripped-down R1S. No, the R2 is a ground-up rethink of what a Rivian can be with one crucial target in mind: volume sales. Starting at a competitive $45,000, this is the make-or-break budget EV for the car company that initially began life as Mainstream Motors in 2009.

In the past eight years, Rivian has burned through nearly $25 billion in cash. Its historic free cash flow compared to other automakers is “bracing,” shall we say, as it has essentially...

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