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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.

The Tesla Model Y, launched in 2020, has gained popularity as an electric SUV with strong performance metrics, yet it has faced numerous technical and build-quality challenges. These problems have prompted several recalls and owner complaints over the years. While recent models show improvements, earlier versions remain affected by persistent concerns.

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The Renault Clio emerged as a leading seller in Europe for November, positioning it to claim the top spot for the fourth time this year. Tesla's Model Y also saw a strong recovery, re-entering the top 20 rankings after a dip in October. Other notables include the Volkswagen T-Roc in third place.

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