The Rivian R2 starts at $57,990 for the launch Performance version, with the Premium at $53,990 and the Standard at $48,490, according to pricing Rivian announced in March 2026. A cheaper, smaller-battery version is expected to start around $45,000 at the end of 2027.
The R2 is Rivian's smaller, cheaper electric SUV, sitting below the R1S. It's already helping sales: Rivian beat delivery forecasts in the third quarter, and The Drive credited the R2 with bringing in more price-conscious buyers.
Rivian R2 price and trims at a glance
Figures as reported by electrive and The Truth About Cars from Rivian's announcement. Prices exclude taxes and fees.
| Trim | Price | Drive | Power | 0–60 mph | Range (Rivian est.) | Arrives |
|---|---|---|---|---|---|---|
| Performance (Launch Package) | $57,990 | AWD | 656 hp | 3.6 sec | ~330 mi | Spring 2026 |
| Premium | $53,990 | Dual-motor AWD | 450 hp | — | ~330 mi | Second half 2026 |
| Standard | $48,490 | RWD (AWD also listed) | 350 hp | — | Up to 345 mi | First half 2027 |
| Entry-level (smaller battery) | ~$45,000 | — | — | — | ~275 mi | Late 2027 |
The 345-mile figure applies to the most efficient Standard version, electrive noted, not every configuration.
What comes with the Launch Package?
- Exclusive Launch Green paint
- Matching anodized key fob
- Tow package rated at 4,400 pounds
- Lifetime Autonomy+ driver-assistance access
The Performance trim also gets semi-active suspension, matrix LED headlights, premium audio and 21-inch wheels.
Which R2 should you wait for?
| If you want... | Consider |
|---|---|
| The R2 now, and the quickest one | Performance Launch, $57,990 |
| All-wheel drive for less | Premium, $53,990 (late 2026) |
| The most range per dollar | Standard, $48,490 (2027) |
| The lowest price | Entry-level, ~$45,000 (late 2027) |
With the federal EV tax credit no longer available for new purchases, the sticker price is the real price for most buyers.
How is the R2 helping Rivian's sales?
Rivian delivered 19,248 vehicles in the third quarter, The Drive reported, ahead of the roughly 18,000 analysts expected. To hit its 2026 goal of 65,000 to 75,000, Rivian needs about 23,000 more deliveries before the year ends.
Cox Automotive ranked Rivian the No. 2 EV brand in the U.S. in Q3, behind Tesla. Its sales were up 46% year over year. More in our Q3 2026 EV sales report.
What AI features are coming?
Rivian already has an in-house AI assistant that controls vehicle features by voice. At TechCrunch Disrupt, as reported on October 15, CEO RJ Scaringe said future Rivians will be able to run AI agents from other companies, calling that "where it becomes magical."
He gave no date. Rivian promised more at an AI & Autonomy Day in December. Scaringe said vehicle controls like braking and steering won't be handed to an AI agent.
How does the R2 compare on price?
The R2 Standard's $48,490 starting price is a little below the $55,879 average EV price Kelley Blue Book recorded in September 2026. The $45,000 version would sit well under it.
