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Image: CarsGuide
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Image: CarsGuide
AutoExec Summary
Rivian has unveiled its much-anticipated R2 mid-size SUV, along with the smaller R3 crossover and the R3X performance spin-off. The three models are built on an all-new electric architecture and offer two battery sizes and three motor choices. The R2 is expected to start at $45,000, with a driving range of over 550km and a 0-100km/h acceleration time of 3.2 seconds. The R3 won’t begin production until after the R2’s launch and is expected to be more affordable. Both models will share a high-density lithium-ion battery and advanced safety equipment. Rivian’s expansion plans are focused on dramatically lowering costs and increasing production capacity, with the brand’s CEO emphasizing a focus on manufacturing and supply chain development. However, the brand’s expansion plans are in a race against time, as Rivian is yet to turn a profit.
Brands mentioned: Rivian, Tesla, Isuzu, Subaru, Toyota, Ford, General Motors (GM)
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