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Exclusive: Rivian developing variants of its more affordable R2 EVs

Automotive & EVProduct LaunchesCorporate Guidance & OutlookTechnology & Innovation

Rivian said it is developing undisclosed variants of its R2 EV lineup just days after beginning volume production of the smaller, more affordable SUVs. The update signals ongoing product expansion and optionality around the R2 platform, which could support future demand. The news is incremental and likely has limited near-term market impact.

Analysis

Rivian said it is developing undisclosed variants of its R2 EV lineup just days after beginning volume production of the smaller, more affordable SUVs. The update signals ongoing product expansion and optionality around the R2 platform, which could support future demand. The news is incremental and likely has limited near-term market impact.

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