Ev News Daily

Rivian has spent four years and billions of dollars building electric vehicles that most people cannot afford. The R2 — a mid-size SUV that starts at $45,000 and tops out at $57,990 — is the company's answer to that problem. Full pricing and trim details dropped today, 12 March 2026, and deliveries of the first Performance variant begin this spring. If it works, Rivian becomes a proper carmaker. If it does not, the maths gets ugly fast.From Concept to ConcreteThe R2 platform was first announced in 2022, with production originally pencilled in for 2025 at a planned factory in Georgia. That changed in March 2024, when RJ Scaringe, Rivian's founder and chief executive, unveiled the production-ready R2 alongside the smaller R3 and R3X crossovers at a packed event at the Rivian Theater in Laguna Beach, California. Mr Scaringe also confirmed he was scrapping the Georgia plan — at least for now — and would build the R2 at the existing Normal, Illinois plant instead. That decision saved more than $2.25 billion in cap