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🚗Rivian R2 SUV Hits $59,995 Price Point for Early June Delivery

Rivian's New SUV is More Affordable Than Ever

TL;DR

The Rivian R2 SUV will debut at just under $60,000 on June 9, marking a significant price drop from the current lineup. The company aims to deliver up to 25,000 units by year-end.

Rivian's new R2 SUV is set to launch on June 9 at just under $60,000, making it more affordable than its existing models. This move targets a broader market and aims to help Rivian turn a profit for the first time since founding in 2009. The company plans to deliver up to 25,000 vehicles by year-end, with even cheaper versions starting at $48,490 and $45,000 planned for future releases.

Rivian R2 SUV Hits $59,995 Price Point for Early June Delivery — TechCrunch

Key Points

1

The Rivian R2 SUV will launch at just under $60,000 on June 9, 2023.

2

A 'standard' version of the R2 SUV starting at $48,490 is planned for release in 2027.

3

An even more affordable version of the R2 SUV, starting around $45,000, is expected to be released late next year.

4

Rivian aims to deliver up to 25,000 vehicles by the end of this year.

5

The company expects the R2 and R3 hatchback models to help it turn a profit for the first time since founding in 2009.

Why It Matters

If you're eyeing an electric SUV but found Rivian's current lineup too pricey, the R2 at under $60K might be your sweet spot. The company aims to deliver up to 25,000 units by year-end, signaling a broader market strategy.

Rivianelectric-vehiclesaffordable-suvnew-models

Frequently Asked Questions

Why does this matter?

If you're eyeing an electric SUV but found Rivian's current lineup too pricey, the R2 at under $60K might be your sweet spot. The company aims to deliver up to 25,000 units by year-end, signaling a broader market strategy.

What happened?

The Rivian R2 SUV will debut at just under $60,000 on June 9, marking a significant price drop from the current lineup. The company aims to deliver up to 25,000 units by year-end.

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