Electric SUV
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.
Tesla has added a new entry-level all-wheel-drive Model Y electric SUV to its US lineup at $41,990 with 294 miles of EPA-estimated range, expanding options to five trims. The update, amid declining sales, coincides with plans to discontinue Model S and Model X production in spring 2026 to prioritize Optimus robotics manufacturing.
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Following the December 2025 launch of Tesla's affordable Standard Rear-Wheel Drive variants for Model 3 and Y, the Model Y Standard—starting at $39,990 in the US and available in Europe—serves as a budget entry to Tesla's SUV lineup. A recent hands-on review reveals that despite numerous cost-saving tweaks, it feels nearly identical to pricier trims in daily use.