Electric vehicle maker Rivian (RIVN) has revealed pricing and trim details for its highly anticipated R2 midsize electric SUV<\/strong>, a model the company hopes will significantly expand its customer base. While Rivian positioned the R2 as a more accessible alternative to its current lineup, the most affordable version \u2014 expected to compete directly with the Tesla Model Y<\/strong> \u2014 will not reach customers until at least late 2027<\/strong>.<\/p>\n\n\n\n The company announced that the R2 Performance with Launch Package<\/strong> will be the first variant available, arriving later this year with a starting price of $57,990<\/strong>. The high-end model features a dual-motor all-wheel-drive system producing 656 horsepower and 609 lb-ft of torque<\/strong>, allowing the SUV to accelerate from 0 to 60 mph in just 3.6 seconds<\/strong>. It also offers an EPA-estimated range of 330 miles<\/strong> and includes special Launch Package perks such as lifetime access to Rivian\u2019s Autonomy+ driver assistance service and an exclusive Launch Green exterior color.<\/p>\n\n\n\n A slightly more affordable R2 Premium<\/strong> trim is scheduled to launch in late 2026<\/strong>, starting at $53,990<\/strong>. This version delivers 450 horsepower and 537 lb-ft of torque<\/strong> with a 0-60 mph time of 4.6 seconds<\/strong>, while maintaining the same 330-mile range<\/strong>.<\/p>\n\n\n\n The entry-level R2 Standard<\/strong> model will arrive in early 2027<\/strong> with a price of $48,490<\/strong>. It features a single rear-motor setup producing 350 horsepower<\/strong> and offers the longest estimated range in the lineup at up to 345 miles<\/strong>. Rivian also plans a second Standard variant later in 2027 priced at around $45,000<\/strong>, with a smaller battery and an estimated 265-plus miles of range<\/strong>.<\/p>\n\n\n\n Rivian is betting the R2\u2019s adventure-focused design, technology, and premium interior materials will attract buyers looking for an alternative to Tesla. Reservations for the R2 are now open with a $100 refundable deposit<\/strong>, with the lineup set to appear publicly at SXSW 2026<\/strong>.<\/p>\n\n\n\n