Rivian revealed its subsequent electrical automobile, the R2, a extra reasonably priced SUV that the corporate is relying on having a much wider enchantment than its fashionable — and costly — R1T vans and R1S SUVs.
The R2 received’t go into manufacturing till 2026, however when it does it’ll include an estimated vary of 330 miles, a 0–60mph time of three seconds, and a beginning worth of $45,000 — inserting it barely beneath the present common promoting worth for a brand new inside combustion automobile. The value could possibly be even decrease if it finally ends up qualifying for the $7,500 federal tax credit score.
Making an electrical automobile that’s reasonably priced to a broader swath of individuals is essential for Rivian’s long-term viability. The…
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