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Rivian gears up for a busy year with the new R2
During the latest investor call, Rivian shared its plans for the next two years. The automaker had a busy 2025, which it called a "foundational year," and 2026 is seen as a major turning point. The big news is the launch of the Rivian R2, a smaller and more affordable SUV that the company hopes will win over many new drivers.
Rivian is planning to deliver between 62,000 and 67,000 electric cars in 2026 in total. This is a huge jump - about 50% more than what they sold in 2025. The company still expects to lose between €1.54 billion and €1.79 billion next year, and it is spending around €2 billion on new equipment and technology to make the business stronger.
The R2 is the star of the show for Rivian. This midsize SUV is designed to be simpler and cheaper to build than the current models. Rivian says the R2 will start at about €38,400. For comparison, their larger R1S SUV and R1T pickup truck usually cost more than €60,000. The R2 is also smaller - it measures about 4,715 mm long, which is about 385 mm shorter than the big R1S.
The company plans to start building the R2 at its factory in Normal, Illinois, during the second quarter of 2026. At first, only one work shift will run to make the cars, but the hope is to add a second shift by the end of the year. Rivian's boss, RJ Scaringe, believes the R2 will become their best-selling model by the end of 2027.
www.arenaev.com
During the latest investor call, Rivian shared its plans for the next two years. The automaker had a busy 2025, which it called a "foundational year," and 2026 is seen as a major turning point. The big news is the launch of the Rivian R2, a smaller and more affordable SUV that the company hopes will win over many new drivers.
Rivian is planning to deliver between 62,000 and 67,000 electric cars in 2026 in total. This is a huge jump - about 50% more than what they sold in 2025. The company still expects to lose between €1.54 billion and €1.79 billion next year, and it is spending around €2 billion on new equipment and technology to make the business stronger.
The R2 is the star of the show for Rivian. This midsize SUV is designed to be simpler and cheaper to build than the current models. Rivian says the R2 will start at about €38,400. For comparison, their larger R1S SUV and R1T pickup truck usually cost more than €60,000. The R2 is also smaller - it measures about 4,715 mm long, which is about 385 mm shorter than the big R1S.
The company plans to start building the R2 at its factory in Normal, Illinois, during the second quarter of 2026. At first, only one work shift will run to make the cars, but the hope is to add a second shift by the end of the year. Rivian's boss, RJ Scaringe, believes the R2 will become their best-selling model by the end of 2027.
Rivian gears up for a busy year with the new R2
Rivian is betting its future on the new {{$45,000}} R2 SUV, aiming to nearly double its deliveries by 2026 while navigating heavy financial losses.
www.arenaev.com

