In less than 24 hours, Rivian CEO RJ Scaringe said on Friday that over 68,000 R2 reservations have taken place. Customers are able to reserve by placing a refundable $100 US ($150 CAD) deposit.
“Overwhelmed by the wonderful response to our new vehicles: R2, R3 and R3X,” said Scaringe. In less than 24 hours, we’ve taken more than 68,000 R2 reservations. We are thrilled to see this vehicle resonate so strongly with our community!”, he added.
The Rivian R2 essentially is a midsize SUV that looks to compete with Tesla’s Model Y. It will start from $45,000 US, but won’t start shipping until the first half of 2026. Rivian is facing financial woes and has enough cash to last about six more quarters. It is about to face its own version of production hell with the mass-market R2, in what looks to be similar to Tesla’s Model 3 ramp. Let’s see if the company can deliver on its promises.
Rivian is finally set to break ground on its long-awaited second U.S. production facility, a massive $5 billion EV factory east of Atlanta, Georgia, on Tuesday, September 16. The 2,000-acre site, located across Walton and Morgan counties, is expected to become one of the largest economic development projects in Georgia’s history, with plans for 20 […]
Rivian has officially begun upgrading its Rivian Adventure Network (RAN) with Tesla’s North American Charging Standard (NACS) plugs, eliminating the need for adapters when Tesla drivers charge at Rivian stations. The upgrade kicked off last week at Rivian’s Joshua Tree Charging Outpost in California, marking the company’s first location to offer both NACS and CCS1 […]
Rivian is growing its manufacturing site in Normal, Illinois, to prepare for production of its new R2 electric SUV, which is expected to launch in 2026. The company is adding a 1.1 million square-foot building to its existing 4.3 million square-foot facility, which already produces the R1 series and electric delivery vans. Once the expansion […]
