Rivian Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce ...

Rivian Automotive’s ($RIVN) new midsize electric R2 SUV is catching Wall Street’s attention since it will be priced below the ...

Analysts are starting to factor in the upcoming R2 release into their financial models for Rivian Automotive (NASDAQ:RIVN).

But while the starting price for the pickup stays the same, the starting price for the SUV is going up. On Thursday, Rivian introduced the next-generation R1S SUV and R1T pickup.

***BREAKING NEWS*** Rivian R2 Specs Leaked!!! - Starting price $47,500 - Range up to 330 miles - 0 to 60 in 3 seconds - Seats 5 - Length 185.6 in - Width 75 in - Width with Mirrors 84.4 in ...

But while the starting price for the pickup stays the same, the starting price for the SUV is going up. On Thursday, Rivian introduced the next-generation R1S SUV and R1T pickup.

The R2 is kind of a big deal for Rivian, and for the EV space in general. There are plenty of electric crossovers in the $40,000-$50,000 price range, but not all that many actual SUVs.

Rivian, the start-up maker of battery-powered SUVs and trucks with prices starting at around $80,000, was billed as the next Tesla and is backed by Amazon and Ford. Then it ran into supply chain ...

Rivian raised the price of its all-electric R1T pickup by 17% and R1S SUV by about 20% to adjust to increases in parts costs and to prepare for a new dual-motor version.