"Rivian's R2 and R3: Reservations Soar, Factory Delayed, CEO's Certainty on EVs"

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Source: TechCrunch
"Rivian's R2 and R3: Reservations Soar, Factory Delayed, CEO's Certainty on EVs"
Photo: TechCrunch
TL;DR Summary

The Rivian R2, a smaller and more affordable all-electric SUV, has garnered over 68,000 reservations within 24 hours of its reveal, with a $100 refundable deposit securing a place in line for the $45,000 vehicle that offers over 300 miles of range. Production of the R2 has been moved up to the first half of 2026 at Rivian's Illinois factory, saving the company $2.25 billion and shortening the wait time for customers.

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