Rivian starts production of R2 SUVs, deliveries expected later this spring [Yahoo! Finance Canada]
Rivian Automotive, Inc. - Class A (RIVN)
Company Research
Source: Yahoo! Finance Canada
expected later this spring, the electric-vehicle maker said, as it ?bets on a lower-cost model to broaden demand and put it on a firmer path to ?profit. The R2 rollout is a pivotal moment for Rivian, best known for its high-end R1 pickups and SUVs. The new vehicle is ?expected to compete with Tesla's best-selling Model Y and drive growth at a time when the removal of key tax credits has hurt U.S. electric-vehicle demand. "We've been encouraged by the reservations that we've been receiving for the R2 product overall," Chief Financial Officer Claire McDonough told Reuters, without disclosing specifics. "We'll start to invite customers to begin ?to configure their vehicles in the ?June time frame. So, we'll have better visibility at that point." MARGINS Rivian said last month it will start deliveries with a launch variant priced at $57,990. A Premium trim at $53,990 ?is expected late this year, followed by a rear-wheel-drive Standard version at $48,490 in the first half of 2027
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RIVN
News
- Earth Day 2026: The Sustainability Spotlight [TheStreet.com]TheStreet.com
- Rivian R2 production has started despite tornado damage to factory [Yahoo! Finance]Yahoo! Finance
- Rivian starts production of R2 SUVs, deliveries expected later this spring [Yahoo! Finance]Yahoo! Finance
- PassiveLogic Appoints Joel Harvill as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Tornado Impact At Rivian Factory Raises Questions On R2 Ramp And Value [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- 4/2/26 - Form 4
- RIVN's page on the SEC website