Rivian's $45K R2 SUV Delayed Until 2027 - What's the Holdup?
Rivian had promised a $45,000 base model R2 SUV, but now says it won't be available until late 2027. Explore the reasons behind the delay and what it means for Rivian's affordable EV plans.
Rivian, the electric vehicle (EV) startup, had been touting its R2 SUV as a game-changer, with a $45,000 base price that would make it one of the most affordable EVs on the market. However, the company has now revealed that this promised base model won't be available until late 2027 at the earliest, if at all.
The delay is a significant setback for Rivian, which had been positioning the R2 as a key part of its strategy to bring EVs to the masses. The company has cited a variety of challenges, from supply chain issues to the ongoing semiconductor chip shortage, as factors contributing to the delay.
Despite these challenges, Rivian remains confident in its ability to deliver the R2 at some point in the future. CEO RJ Scaringe has stated that the company is
Source: TechCrunch
