Electric carmaker Rivian bucks industry trend, launches all-new midsize SUV
Key Points:
- Rivian is launching the all-new R2 midsize electric SUV, starting with a high-performance model priced at $57,990, featuring 656 horsepower, a 0-60 mph time of 3.6 seconds, and a range of nearly 350 miles.
- The R2 aims to appeal to a broad market segment with a starting price around $45,000 for the Standard model, targeting mainstream midsize SUV buyers and expanding Rivian's customer base beyond its current R1 lineup.
- The R2 can use Tesla's Supercharger network, helping to alleviate charging concerns, and Rivian plans to scale production significantly with a new Georgia plant by 2028, aiming for up to 150,000 units annually.