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Rivian R2 Is $59,485 at Launch With Leasing Confirmed; $45,000 Model on the Way

rivian r2 2027 exterior oem 22 jpg 2027 Rivian R2 | Manufacturer image

Competes with: Chevrolet Blazer EV, Ford Mustang Mach-E, Jeep Recon, Subaru Solterra and Trailseeker, Tesla Model Y, Toyota bZ and bZ Woodland

Price: Approximately $46,495 to $59,485 (all prices include $1,495 destination)

Range: 275-345 miles (manufacturer estimates)

Release Date: Spring 2026 (Performance with Launch Package); all models by late 2027

What Car Shoppers Need to Know

  • The long-awaited Rivian R2 is almost here, and it will cost $59,485 when the first model goes on sale this spring.
  • More affordable variants will arrive roughly every six months through 2027.
  • Leasing will be available at launch.

We finally have details on the Rivian R2, the upcoming two-row SUV that slots under the R1S SUV in price and size. A lot of Rivian’s future appears to hinge on the success of the R2, which the company is positioning as a more attainable entry point into Rivian ownership. A proposed $45,000 starting price grabbed headlines, but that least expensive version will be the last version to go on sale in late 2027. So what do we get now?

Related: $45,000 Rivian R2 to Get Launch Edition, Bidirectional Charging

What we get at launch is a limited-edition, launch-specific version that’s the priciest R2 in the lineup. Coming in at slightly under $60,000, the R2 Performance with Launch Package will have the most power, the most standard features, and an available and exclusive Launch Green paint color; it also includes a lifetime subscription to Rivian’s Autonomy+ hands-free driving tech.

Pricing and Release Date

In order of release date, here are the R2 trims and their prices, including destination. Additionally, shoppers can lease an R2 at launch, a Rivian spokesperson confirmed, but pricing will be announced later.

Trim Price Release Date
Performance with Launch Package $59,485 Spring 2026
Premium $55,485 Late 2026
Standard $49,985 First half 2027
Standard $46,495 Late 2027
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Adventure Far, Quickly

At launch, the R2 will be available with a dual-motor all-wheel-drive system producing 656 horsepower and 606 pounds-feet of torque. Rivian claims this R2 will have a 0-60 mph time of just 3.6 seconds. Despite impressive power, the R2 Performance with Launch Package should still have plenty of range, too, with a manufacturer-estimated 330 miles.

Later and lesser versions also boast some impressive specs. The dual-motor AWD Premium model has the same range as the Performance, but “only” 450 hp and 537 pounds-feet, good for an estimated 0-60 time of 4.6 seconds.

R2 Trim Drivetrain Horsepower Torque (Pounds-Feet) 0-60 mph (Seconds) Manufacturer-Estimated Range (Miles)
Performance with Launch Package Dual-motor AWD 656 606 3.6 330
Premium Dual-motor AWD 450 537 4.6 330
Standard Single-motor RWD 350 355 5.9 345
Standard ($45,000 model) Single-motor RWD 350 355 5.9 275+

The Standard trim comes standard with single-motor rear-wheel drive (the Premium’s dual-motor setup is optional) and boasts the best range of the R2 lineup at a Rivian-estimated 345 miles. Power for the single-motor setup is still respectable at 350 hp and 355 pounds-feet and a 0-60 time of 5.9 seconds.

The cheapest R2 Standard — that pesky, headline-grabbing $45,000 one — will also be RWD and offer what Rivian says will be more than 275 miles of range. Presumably, it will use a smaller battery pack than the 87.9-kilowatt-hour one used in the other versions, but that hasn’t yet been confirmed.

Charging can be as fast as 29 minutes from 10% to 80%, and every R2 comes with a native North American Charging Standard charge port, enabling access to Tesla’s network of charging stations. A CCS adapter can be used for other charging stations.

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Roomy Interior

We’ve spent time inside the R2 at events and now have the specs to match our impressions. Inside the cabin, there’s 41.4 inches of legroom and 40.9 inches of headroom up front and 40.4 inches of head- and legroom in back. Some new interior materials are made sustainably, giving the environmentally conscious added peace of mind.

Cargo space is ample, too. Rivian estimates 28.7 cubic feet of space behind the backseat and 79.4 cubic feet with the backseat folded down. The rear windscreen also powers downward to create an opening for either open-air motoring or to allow longer items to stick out the back. A front trunk with 5.2 cubic feet of space is also standard.

A new steering-wheel design includes what Rivian calls “halo” dials with haptic feedback, and the dials are used to perform a variety of functions, from audio to climate controls to steering-wheel and mirror adjustments and more. Some of these functions are also controlled via the large central display. If your next vehicle purchase is dependent on the availability of Apple CarPlay or Android Auto connectivity, however, look elsewhere. The R2, like other Rivians, doesn’t have either, as the automaker prefers owners to use its native systems for all functions.

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Optional Goodies

Like the larger R1S, the R2 is about more than just quickness and range, however. With 9.6 inches of ground clearance and several different driving modes for inclement conditions and off-roading, the R2 aims to be an all-electric adventure vehicle, too. To help with that, shoppers can add a set of all-terrain tires and smaller 20-inch wheels to the Performance for added capabilities. A Tow Package is standard on the launch model but optional on at least the Performance, Premium and Standard with the 87.9 kWh battery, offering up to 4,400 pounds of towing capacity.

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Tech-Forward

What’s a modern car without modern technology? Rivian aims to be on the forefront with artificial-intelligence-assisted in-cabin tech, including the eventual Rivian Assistant, an in-car voice assistant it claims will be capable of understanding “you, your vehicle and your context” and can even operate while the car is offline.

All R2s also come with the hardware to operate Rivian’s Autonomy+ hands-free driving software. The launch model will come with a lifetime subscription to the service, while all other models include a 60-day trial of it. After that, or at purchase, owners can pay a one-time fee of $2,500 or a monthly $49.99 subscription fee to continue using Autonomy+.

Like other Rivians, the R2 will be capable of over-the-air software updates, too.

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Road Test Editor
Brian Normile

Road Test Editor Brian Normile joined the automotive industry and Cars.com in 2013, and he became part of the Editorial staff in 2014. Brian spent his childhood devouring every car magazine he got his hands on — not literally, eventually — and now reviews and tests vehicles to help consumers make informed choices. Someday, Brian hopes to learn what to do with his hands when he’s reviewing a car on camera. He would daily-drive an Alfa Romeo 4C if he could.

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