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Analysts are starting to factor in the upcoming R2 release into their financial models for Rivian Automotive (NASDAQ:RIVN).
Rivian’s R2 lineup is set to expand with a pickup that could break through as a versatile and right-sized model.
Rivian claims it's prepared to scale production capacity up to 150,000 units per year, which remains the company's top priority moving forward. The Normal, Illinois production facility has proven ...
Rivian's next production model, the R2, is scheduled to debut on March 7. It's an electric SUV that's expected to be smaller and cheaper than the R1S, but won't enter production until 2026.
However, Rivian uses taller cells at 95 millimeters instead of 80 millimeters. This allows the 4695 cells to provide six times the capacity of the current 2170 cells used in the R1S and R1T.
Rivian presented the debut R2 in what we suspect to be an off-road trim, wearing 20-inch flat-blade wheels wrapped in chunky 32-inch all-terrain tires.
2026 Rivian R2 Will Get New LG Cells With 'Six Times' The Capacity Korean battery giant LG Energy Solution will supply next-generation U.S. made battery packs for the Tesla Model Y rival.