Rivian has launched the R2 electric vehicle, introducing a performance model and a more affordable platform for the automotive manufacturer [1].

The release represents a strategic shift for Rivian to capture a broader market. By lowering the entry price and addressing driver feedback regarding interior controls, the company aims to compete with a wider array of electric SUVs.

The Performance version of the R2 is available now with a starting price of $57,990 [1]. This model delivers 656 hp [3]. Rivian also announced a Standard model, which is slated for release in early 2027 and will start at $44,990 [1].

Compared to the Rivian R1S, the R2 is priced at $25,000 less [1]. This price reduction is part of a move to create a more affordable EV without sacrificing a premium feel.

To address driver demand for physical controls, Rivian integrated haptic “Halo” controls into the steering wheel [1]. These controls provide tactile feedback, reducing the reliance on screen-based menus for common vehicle functions.

Reviewers said the vehicle meets the expectations set during its initial reveal [1]. The combination of increased horsepower in the performance trim and the introduction of the lower-priced standard trim allows the company to target both enthusiast drivers and budget-conscious consumers [1], [3].

The Performance version of the R2 is available now with a starting price of $57,990.

The introduction of the R2 signals Rivian's transition from a niche luxury manufacturer to a volume player in the EV market. By reducing the price floor and implementing tactile haptic controls, the company is directly responding to two primary consumer complaints in the EV sector: prohibitive pricing and the over-reliance on touchscreens for basic vehicle operations.