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Rivian's R2 EV arrives this spring with a $58,000 price tag

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Why This Matters

The Rivian R2's upcoming release marks a significant step toward making electric vehicles more accessible to mainstream consumers, combining advanced tech with a more affordable price point. This launch could increase competition in the EV market and accelerate adoption of electric SUVs. Consumers will benefit from Rivian's innovative features and improved range at a lower entry cost.

Key Takeaways

The Rivian R2 Performance with Launch Package will arrive this spring starting at just under $58,000.

The Rivian R2 Performance with Launch Package will arrive this spring starting at just under $58,000. (Rivian)

Ahead of its official release later this spring, today Rivan is announcing full pricing and trim levels for its long-awaited R2 electric SUV.

The rollout for the company's first mid-size (two-row) offering will be similar to its previous vehicles, with more expensive premium models hitting the road first this spring, followed by more affordable configurations becoming available later this year and into 2027. This timeline is especially important for anyone hoping to snag the $45,000 base model of the R2, which isn't expected to go on sale until sometime in late 2027. The R2 Performance with Launch Package and R2 Premium trims will arrive initially as model year 2027 vehicles, followed by the R2 Standard (MY 2028) next year.

The new R2 with Rivian's Black Crater interior (Rivian)

Some features that will be standard on every R2 are a native NACS charging port and Autonomy+ hardware. However, for the latter, while new vehicles will come with a free 60-day trial of Autonomy+, once that expires, owners will need to choose between a one-time fee or a monthly subscription to continue using Rivian's enhanced hands-free driving tech.

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Regardless of which trim or performance package you prefer, the arrival of the R2 is a huge deal for Rivian as it represents the company's first true mass-market vehicle that looks to bring a lot of the tech and engineering used in the R1T and R1S to a more affordable price point.

For a closer look at the R2's trim levels and pricing, see the breakdown below.

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