"Rivian's CEO Discusses R2 and R3 Launch Amid Stock Rise and Factory Delay"
Rivian unveils the R2, a smaller electric SUV priced at around $45,000, with features including 5 seats, over 300 miles of range, and Tesla's charging port. The company also teased the R3 and R3X models, emphasizing their commitment to adventure and driving massive adoption of electric vehicles. Despite recent challenges, Rivian aims to increase production at its Illinois plant and expects deliveries of the R2 in the first half of 2026.