Rivian has unveiled the R2, its next-generation platform. The all-electric crossover is expected to bring Rivian into the next chapter of its growth as an automaker. It is also expected to allow Rivian to scale its operations, making it a mainstream automaker.
Rivian CEO RJ Scaringe presented the R2 to an enthusiastic audience. Following is a quick overview of the Rivian R2.
Exterior
The Rivian R2 looks very similar to the Rivian R1S. Just like the flagship SUV, it features a large frunk that could fit some luggage and gear. At the rear, the R2 includes some features that provide an open-air experience, such as quarter windows that pop out and a rear glass window that drops down. The drop-down rear glass of the R2 also makes loading items to the all-electric crossover’s trunk much easier.
Introducing R2.
⚡️0-60 under 3 seconds.
⚡️Up to 300+ miles of range.
⚡️Room for five and all your gear.
Reserve yours now: https://t.co/1H408AWcA4
Deliveries expected to begin in the first half of 2026. The features, options and digital displays shown are subject to… pic.twitter.com/xC5ZjyaoCL— Rivian (@Rivian) March 7, 2024
Size-wise, Scaringe noted that the Rivian R2 is about 400 mm (15.7 inches) shorter than the R1S. A slide used in the presentation noted that the R2 has a length of 4715 mm (185.6 inches), a height of 1700 mm (66 inches), and a wheelbase of 2935 mm (115.5 inches). This should make the all-electric crossover easier to maneuver and drive. Its compact size should also help it fit in tight spaces and garages.
Interior
The Rivian executive noted that despite its more compact dimensions compared to the R1S, the R2 is designed to feel spacious inside. “It feels so inviting,” Scaringe said. Like the R1T and R1S that came before it, the R2 is also a vehicle that’s designed to be taken outdoors. It was thus no surprise to see that the R2’s second and first-row seats are capable of folding flat for an optimal car camping experience.
Take a 360-degree tour of R2. pic.twitter.com/euyJkScRYq— Rivian (@Rivian) March 7, 2024
Much to the amusement of the audience, Scaringe noted that the R2 features two gloveboxes and Rivian’s trademark in-door flashlight. Steering wheel controls are dominated by two large scroll wheels, which is not unlike what’s used in the previous generation Tesla Model 3. Scaringe also noted that the R2 features 11 cameras and a suite of five radar sensors, four in the corners and one long range radar in front. The cameras and radar should help the Rivian R2’s planned self-driving features.
Specs
Scaringe did not share much about the Rivian R2’s specs, though he did state that the vehicle would be equipped with a battery pack comprised of 4695 cylindrical cells, which are larger than the 21 mm cells used in the R1 platform. It should also be noted that the Rivian R2 will feature a structural bombardment pack, which means that the top of the battery will be the floor of the vehicle itself.
Every seat in R2 can lay flat for the ultimate car camping experience. pic.twitter.com/hDH3c17y5N— Rivian (@Rivian) March 7, 2024
The Rivian R2 will be offered in three versions: a Single Motor Rear Wheel Drive (RWD) variant, a Dual Motor All Wheel Drive (AWD) variant, and a Tri-Motor variant with two motors on the back and one motor at the front. Scaringe noted that all three R2 variants are expected to achieve over 300 miles of range. The Tri-Motor R2 is expected to achieve a 0-60 mph time of less than 3 seconds.
Price and Release Date
The Rivian R2 is expected to start at $45,000. While Scaringe did not discuss details on the vehicle’s pricing, this amount is likely true for the entry-level RWD version. Still, $45,000 is quite competitive, as the Tesla Model Y, a best-selling all-electric crossover, starts at $43,990 before options today.
Feel the breeze from all directions with the R2’s 360-degree open air experience, including powered rear glass. pic.twitter.com/GMKOEg5HpW— Rivian (@Rivian) March 7, 2024
Scaringe noted that the Rivian R2 is expected to start deliveries in the second half of 2026. The vehicle will initially be built at Rivian’s Normal, IL facility.
Watch Rivian’s R2 unveiling in the video below.
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Tesla has expanded its branded ‘For Business’ Supercharger program that it launched last year, as yet another company is using the platform to attract EV owners to its business and utilize a unique advertising opportunity.
Francis Energy of Oklahoma is launching four Superchargers in Norman, where the University of Oklahoma is located. The Superchargers, which are fitted with branding for Francis Energy, will officially open tomorrow.
It will not be the final Supercharger location that Francis Energy plans to open, the company confirmed to EVWire.
Back in early September, Tesla launched the new “Supercharger for Business” program in an effort to give businesses the ability to offer EV charging at custom rates. It would give their businesses visibility and would also cater to employees or customers.
“Purchase and install Superchargers at your business,” Tesla wrote on a page on its website for the new program. “Superchargers are compatible with all electric vehicles, bringing EV drivers to your business by offering convenient, reliable charging.”
The first site opened in Land O’ Lakes, Florida, which is Northeast of Tampa, as a company called Suncoast launched the Superchargers for local EV owners.
Tesla launches its new branded Supercharger for Business with first active station
The program also does a great job at expanding infrastructure for EV owners, which is something that needs to be done to encourage more people to purchase Teslas and other electric cars.
Francis Energy operates at least 14 EV charging locations in Oklahoma, spanning from Durant to Oklahoma City and nearly everywhere in between. Filings from the company, listed by Supercharge.info, show the company’s plans to convert some of them to Tesla Superchargers, potentially utilizing the new Supercharger for Business program to advertise.
Moving forward, more companies will likely utilize Tesla’s Supercharger for Business program as it presents major advantages in a variety of ways, especially with advertising and creating a place for EV drivers to gain range in their cars.
Tesla Cybercab is perhaps the most highly-anticipated project that the company plans to roll out this year, and as it is undergoing its testing phase in pre-production currently, there are some things to work through with it.
Over the weekend, an image of the Cybercab being loaded onto a tow truck started circulating on the internet, and people began to speculate as to what the issue could be.
Hmmmmmm… https://t.co/L5hWcOXQkb pic.twitter.com/OJBDyHNTMj
— TESLARATI (@Teslarati) January 11, 2026
The Cybercab can clearly be seen with a Police Officer and perhaps the tow truck driver by its side, being loaded onto, or even potentially unloaded from, the truck.
However, it seems unlikely it was being offloaded, as its operation would get it to this point for testing to begin with.
It appears, at first glance, that it needs assistance getting back to wherever it came from; likely Gigafactory Texas or potentially a Bay Area facility.
The Cybercab was also spotted in Buffalo, New York, last week, potentially undergoing cold-weather testing, but it doesn’t appear that’s where this incident took place.
It is important to remember that the Cybercab is currently undergoing some rigorous testing scenarios, which include range tests and routine public road operation. These things help Tesla assess any potential issue the vehicle could run into after it starts routine production and heads to customers, or for the Robotaxi platform operation.
This is not a one-off issue, either. Tesla had some instances with the Semi where it was seen broken down on the side of a highway three years ago. The all-electric Semi has gone on to be successful in its early pilot program, as companies like Frito-Lay and PepsiCo. have had very positive remarks.
The Cybercab’s future is bright, and it is important to note that no vehicle model has ever gone its full life without a breakdown. It happens, it’s a car.
Nevertheless, it is important to note that there has been no official word on what happened with this particular Cybercab unit, but it is crucial to remember that this is the pre-production testing phase, and these things are more constructive than anything.
Tesla analyst Andrew Percoco of Morgan Stanley teased the company’s dominance in its self-driving initiative, stating that its lead over competitors is “not even close.”
Percoco recently overtook coverage of Tesla stock from Adam Jonas, who had covered the company at Morgan Stanley for years. Percoco is handling Tesla now that Jonas is covering embodied AI stocks and no longer automotive.
His first move after grabbing coverage was to adjust the price target from $410 to $425, as well as the rating from ‘Overweight’ to ‘Equal Weight.’
Percoco’s new note regarding Tesla highlights the company’s extensive lead in self-driving and autonomy projects, something that it has plenty of competition in, but has established its prowess over the past few years.
He writes:
“It’s not even close. Tesla continues to lead in autonomous driving, even as Nvidia rolls out new technology aimed at helping other automakers build driverless systems.”
Percoco’s main point regarding Tesla’s advantage is the company’s ability to collect large amounts of training data through its massive fleet, as millions of cars are driving throughout the world and gathering millions of miles of vehicle behavior on the road.
This is the main point that Percoco makes regarding Tesla’s lead in the entire autonomy sector: data is King, and Tesla has the most of it.
One big story that has hit the news over the past week is that of NVIDIA and its own self-driving suite, called Alpamayo. NVIDIA launched this open-source AI program last week, but it differs from Tesla’s in a significant fashion, especially from a hardware perspective, as it plans to use a combination of LiDAR, Radar, and Vision (Cameras) to operate.
Percoco said that NVIDIA’s announcement does not impact Morgan Stanley’s long-term opinions on Tesla and its strength or prowess in self-driving.
NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief
And, for what it’s worth, NVIDIA CEO Jensen Huang even said some remarkable things about Tesla following the launch of Alpamayo:
“I think the Tesla stack is the most advanced autonomous vehicle stack in the world. I’m fairly certain they were already using end-to-end AI. Whether their AI did reasoning or not is somewhat secondary to that first part.”
Percoco reiterated both the $425 price target and the ‘Equal Weight’ rating on Tesla shares.
Tesla expands its branded ‘For Business’ Superchargers
Tesla Cybercab ‘breakdown’ image likely is not what it seems
