Rivian is currently hard at work to add a designated R2 production line at its Illinois factory. If investors remember, the ...

The Rivian R2 is on track for launch in the first half of 2026, Rivian CEO RJ Scaringe said Thursday. The company has managed to reduce material costs by 50% over the R2. It also posted its first ...

Rivian (RIVN) is betting big on its upcoming midsize R2 electric SUV. Starting at about $45,000, the R2 is about half the cost of its current R1S and R1T models. CFO Claire McDonough confirmed the ...

Rivian CEO RJ Scaringe has shown the company's next-generation drive unit, "Maximus," which will power the upcoming R2 ...

Rivian is getting ready for the start of R2 production in 2026, which will consume some financial resources and factory prep time later this year. Rivian is one of just a handful of EV startups ...

A key concern Murphy highlights is "a gap in product introductions" at Rivian until 2026, when the R2 is scheduled for release. He describes this upcoming model as the company's "Model Y moment ...

Rivian is gearing up to launch R2 vehicles in the first half of 2026. The bill of materials costs almost half, and the non-bill materials cost significantly less in R2 compared to the company's ...

Capital expenditures are forecasted between $1.6 billion and $1.7 billion, driven by the plant expansion in Normal, Illinois, and supplier tooling for R2. Rivian reported a $1.5 billion automotive ...

The R2 bill of materials is approximately 95% sourced and is expected to be approximately half that of the improved R1 bill of materials." In terms of guidance, Rivian sees its 2025 full-year ...

Our focus on cost efficiency across the business is critical for the launch of our mass market product, R2... External factors could impact Rivian's 2025 expectations, including changes to ...

Consumers will have to pay roughly $45,000 for an R2. Rivian's R2 will sell overseas, opening an entirely new market. Let's cover the basics of why the R2 is so important, but more importantly let ...