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Rivian Jumps 8%: The R2 SUV Is Here and Investors Are Giving It a Standing Ovation

Rivian’s R2 SUV uses a single global 5G eSIM hardware SKU with remote carrier profile management to reduce parts and costs, aiding global market competitiveness.

Summary by 247wallst.com
Quick Read Rivian (RIVN) is launching the R2 midsize SUV with dual-motor AWD, 0-60 in 3.6 seconds, and 300+ miles of range, targeting $57,990 starting price with first customer deliveries in Q2 2026. The company posted its first full year of positive gross profit in 2025 at $144 million. Rivian’s R2 rollout addresses mass-market opportunities after the company achieved profitability milestones, though the entry-level pricing missed earlier ex…

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heatmap.news broke the news in on Wednesday, March 18, 2026.
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