Two years after revealing what its affordable next-generation EV would look like, Rivian has shared all of the pricing, colors, and performance specs for its upcoming R2 SUV. And like so many new car releases, it’s complicated.
The bottom line: Rivian’s bid to sell a more affordable EV that is accessible to a broader market will cost between $45,000 and $57,990 — price points that vary based on performance and other interior and exterior touches.
Rivian will eventually offer consumers several versions of its R2 mid-sized SUV. But the first one that will be available to consumers this spring (we don’t have an exact month yet, but it looks like June 2026) will be its most expensive. The R2 Performance with the Launch Package trim, an all-wheel drive dual motor EV with up to 330 miles of EPA estimated range, will start at $57,990. Rivian will eventually drop the launch edition label and simply sell a performance trim, though it has not yet shared pricing details.
Rivian said it will begin production and deliveries of a premium version of the R2 — also a dual-motor AWD SUV with less horsepower, but the same 330-mile range — in late 2026 that starts at $53,990.
The automaker will then offer two different standard versions of the R2 — the battery range being the primary difference here. The “long range” standard R2 is expected to go into production in early 2027 with a range of 345 miles and a starting price of $48,490. A cheaper $45,000 standard version with 275 miles of estimated range will go into production sometime in late 2027, Rivian said.
Whether Rivian ultimately makes that $45,000 version is unclear, and will likely depend on how the initial rollout of its more expensive versions go.
Standard fare
Image credits: rivian
Notably, Rivian is fairly equitable across all the trims when it comes to the basics. All of the R2 trims are built off Rivian’s new mid-sized platform that uses motors developed and manufactured in house. They all come with an 87.9 kilowatt-hour battery pack and a native North American Charging Standard port — you know, the one that originated from Tesla. Even the battery ranges are fairly close within the R2 trims, with the exception of the cheapest R2 standard version.
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