2026 Rivian R2: The Luxury Compact EV SUV Will MSRP Under $50k

Revealed: the Rivian R2 2026, which has a range of more than 300 miles and can go from 0 to 60 miles in 3 seconds. It costs $45,000, looks like a smaller R1S, and has two rows of seats.

Updated: May 16, 2024  // 

Home // Auto News // 2026 Rivian R2: The Luxury Compact EV SUV Will MSRP Under $50k

As VIPs, media, and eager customers gathered at the Rivian South Coast Theater in Laguna Beach on Thursday, the excitement was electric. Rivian had just unveiled its latest creation, the R2, an all-electric SUV that’s set to make waves with its affordability and luxury. The atmosphere buzzed with anticipation as surprises, news, and hints kept everyone on the edge of their seats.

RIVIAN R2: A LUXURY COMPACT EV SUV FOR UNDER $50K

Rivian is known for pushing the envelope, and the R2 is a testament to that spirit. Don’t be fooled by its compact appearance—this SUV packs a punch. Comparable in size to luxury models like the Porsche Macan and BMW X3, the R2 is both roomy and feature-rich. Measuring 185.6 inches long, 75.0 inches wide, and 66.9 inches tall, it perfectly balances maneuverability and spaciousness. Here’s a rundown of the big reveals:

Production Shift

In a move that caught everyone off guard, Rivian announced it would shift R2 production from a new $5 billion factory in Georgia to its existing plant in Normal, Illinois. This change is set to save the company a massive $2.25 billion.

Strategic Advantage

John Krafcik, former Waymo CEO and Rivian board member, explained the strategic brilliance of this decision. By leveraging its established manufacturing base in Illinois, Rivian aims to speed up production and get the R2 into customers’ hands faster, giving them a leg up in the rapidly evolving EV market.

SIZE AND STYLE

With dimensions on par with luxury SUVs, the R2 offers an ideal mix of space and agility. Its rugged yet sleek design ensures it stands out, whether you’re navigating city streets or heading off-road.

The R2 is built for adventure, featuring nearly 10 inches of ground clearance and all-wheel drive capabilities, making it a beast on any terrain. Despite its ruggedness, the R2 doesn’t skimp on comfort, with a refined suspension that makes it perfect for both daily commutes and weekend getaways.

OFF-ROAD READY

Ready for adventure, the R2 comes with nearly 10 inches of ground clearance to tackle tough terrains. Whether you’re cruising through the city or exploring off the beaten path, the R2 promises a smooth and steady ride.

POWER AND PERFORMANCE

Drivetrain Options

One of the R2’s standout features is its flexible powertrain options. You can choose from:

  • Single motor rear-wheel drive
  • Dual-motor all-wheel drive
  • Tri-motor all-wheel drive

With two battery pack choices, ranging from long-range to sporty, the R2 fits any lifestyle.

Battery Options

Choose from two battery packs, each offering over 300 miles of range. Fast-charging capabilities mean you’ll spend less time waiting and more time on the road.

COMFORT AND CONVENIENCE

Spacious Interior

Step inside the R2, and you’ll find a spacious, well-thought-out interior focused on comfort and functionality. With seating for five and ample cargo space, plus features like dual gloveboxes and power-operated windows, convenience is always at your fingertips.

Tech-Savvy and Future-Forward

True to Rivian’s innovative spirit, the R2 is packed with the latest tech. A suite of cameras and sensors offers 360-degree awareness, and over-the-air updates ensure your R2 stays current with the newest features and improvements.

Adventure Accessories

Enhance your adventures with optional extras like the Rivian Treehouse rooftop tent, complete with a heated mattress and integrated lighting system.

HOW TO RESERVE ONE TODAY

Ready to dive into the world of electric adventure? Reserve your Rivian R2 today with just a $100 deposit. At under $50,000, the 2026 Rivian R2 is an affordable luxury SUV. With initial deliveries expected in the first half of 2026, the future of driving is just around the corner.

FAQS: YOUR RIVIAN R2 QUESTIONS ANSWERED!

Q1: How much will the Rivian R2 cost?

Expect the 2026 Rivian R2 to have a starting price of around $45,000 MSRP.

Q2: How much range does the R2 offer?

With the larger battery pack, you can expect over 300 miles of range and a 0-60 mph time of about 3 seconds!

Q3: Can I sleep in the R2?

Absolutely! Fold down the seats for a cozy night’s rest or opt for the Rivian Treehouse accessory—a rooftop tent with all the comforts of home.

Q4: Will there be an R2T truck?

Not at the moment! Rivian is focusing on SUVs for now, but who knows what the future holds?

About The Writer

Devin Joy

Devin's love of cars came from his father and mother over 35 years ago. They always told stories of their old cars and the adventures they had in them were so amazing he dove headfirst into the car world, and never looked back.

Disclaimer: The writers of this article may have used artificial intelligence to help them with some of the material. It should not be a replacement for professional help.

Sources:

  1. R2 - Rivian. (n.d.). https://rivian.com/r2