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Rivian Plans to Reveal Affordable R2 EV in March

The new vehicle, expected to be smaller and less expensive than Rivian's current lineup, may be unveiled at the company's new flagship store in Laguna Beach.

Overview

  • Rivian, the EV startup, is planning to reveal its next vehicle, the R2, as early as March 7, according to documents from a Laguna Beach City Council meeting.
  • The R2 platform is expected to follow up Rivian's R1S SUV and R1T pickup truck, with the new vehicles being smaller and more affordable.
  • Rivian had initially sought approval to use part of a public park for a 'worldwide product launch event', but later withdrew the request.
  • The company has recently opened a new flagship store in Laguna Beach, which could potentially be used for the launch event.
  • Rivian's CEO, R.J. Scaringe, has previously stated that the company plans to launch an R2 SUV in 2026, priced around $50,000.