Rivian R2 electric SUV on mountain road with $45,000 price and 345-mile range overlay, news illustration.
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Rivian announces R2 electric SUV with base price of $45,000

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Rivian has revealed details of its upcoming R2 mid-size electric SUV, positioning it as a more affordable alternative to its R1 models and a competitor to the Tesla Model Y. The vehicle will launch with higher trims this year, while the entry-level Standard model arrives in late 2027 starting at $45,000. Key features include varying power outputs and ranges up to 345 miles.

Rivian has unveiled details of its upcoming R2 electric SUV, priced starting at $45,000, featuring advanced AI capabilities like Universal Hands-Free to compete with Tesla's Full Self-Driving. The R2 offers over 300 miles of range and strong off-road performance, positioning it as a more versatile alternative to the Tesla Model Y. Production is set to begin in 2026, with a full reveal on March 12.

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