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Rivian Achieves Milestone with Production-Ready R2 SUV Body

The $45,000 electric SUV, designed to rival Tesla's Model Y, is on track for a 2026 launch as Rivian refines cost-efficient manufacturing techniques.

  • Rivian has completed the first production-ready body of its R2 SUV using production dies, marking a significant step toward its 2026 model-year debut.
  • The R2 SUV is positioned as a mass-market vehicle priced at $45,000, targeting Tesla's Model Y with an expected range of over 300 miles per charge.
  • The R2's production leverages megacastings, reducing the number of stamped parts by 50 and joints by 300, which simplifies manufacturing and lowers costs.
  • Rivian is applying lessons from its R1 series to improve scalability and affordability in the R2's development, aiming to broaden its customer base.
  • Production preparations are underway at Rivian's Normal, IL facility, which will undergo retooling later in 2025 to support the R2's launch.
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