Rivian unveils R2 electric SUV: surprises with cheaper price and a ‘one more thing’
Rivian has unveiled the R2 electric SUV, its next-generation electric vehicle, and there were a few surprises despite some leaks before the unveiling.
We also got a very interesting “one more thing” moment.
We already knew a great deal about the R2 thanks to a few leaks over the last week.
The leak, which came straight from the code on Rivian’s website, mentioned a range of “up to 330 miles”, a starting price of “$47,000”, an acceleration from 0 to 60 mph in 3 seconds, and “coming in 2026”.
Today, Rivian held the actual unveiling event, and we saw the R2 in full for the first time. It’s our first complete look at the design, and an interesting update at the specs and pricing compared to the leak.
Rivian R2 Design
In terms of the design, if you are familiar with the R1S, the car is going to look very familiar to you.
Rivian has clearly decided to stick with its design language, which has already been successful with the R1S, the best-selling vehicle over $70,000 in the US.
Rivian is doubling down its main design differentiator: its vertical headlights.
R2 has a significant front trunk, or frunk, that appears to be of significant size:
One of the main new exterior design features is a roll-down rear window enabling larger objects to fit in the back.
The rear quarter windows can also open at an angle for better aerodynamic performance with airflow:
The charge port is on the rear passenger side as you can see in the picture above.
Electrek’s Jamie Dow was able to open it after the unveiling event – showing only a NACS connector in there.
As for the interior of the Rivian R2, there are a few interesting features. For example, you get not one but two gloveboxes:
The response that RJ Scaringe, Rivian’s CEO, received from the crowd after this announcement was surprisingly enthusiastic.
Another difference from the existing R1S/R1T design is the removal of the speakers in the doors, leaving more space for storage, and of course, it wouldn’t be a Rivian without a flashlight:
The interior design does look sharp and similar to what we are already used to with the R1S/R1T, albeit a little less luxurious, which is unsurprising.
Rivian also showed that the back seats and both front seat fold completely flat:
When it comes to the cockpit, Rivian is leveraging the existing design and user interface of the R1S/R1T with a slightly different twist for the more compact R2.
While the cockpit looks familiar, it does have a brand new steering wheel with “integrated haptic control dials”. You can see the scrolls on each side. They are massive.
The front seats do seem like a bigger downgrade from the very luxurious situation that you would find in R1S/R1T
Rivian R2 Specs
In terms of specs, the Rivian R2 is delivering on virtually everything.
Rivian announced over 300 miles (483 km) of range for all variants, which will include single motor RWD, dual motor AWD and tri-motor AWD.
The leak from Rivian’s website earlier this week did mention “up to 330 miles” of range.
The tri-motor version will get from 0 to 60 mph in “less than 3 seconds”, which is bringing the SUV into supercar territory.
As for the dimensions, the vehicle is virtually the same size as the Tesla Model Y, the best-selling vehicle in the world. It’s pretty clear what market Rivian is going after here.
Here’s a size comparison with the R2’s bigger brother, the R1S:
Rivian also announced hands-free and attention free autonomous diving on highways coming to the R2.
That would make the vehicle level 3 self-driving.
Now, Rivian didn’t talk about timing for that. It’s not clear if it’s going to be available at launch or through future software updates, but the automaker did release the planned hardware suite:
Rivian is also planning a series of new accessories to enable more adventure with the R2.
The R2 is also enabled by a new vehicle platform powered by a new 4695 battery cell format:
Tesla has been pioneering the use of large cylindrical battery cells in its vehicles with the 4680, which has been replicated by several other automakers.
Rivian is going a step further with an even bigger 4695 cell – 15 mm taller than Tesla’s.
Rivian R2 Price and Availability
The earlier leak suggested a $47,000 starting price for the R2, but at the unveiling, RJ actually announced a starting price of $45,000. That’s a nice surprise.
If that’s before incentive, which it sounds like it is, it is a very aggressive price – making the vehicle competitive with several other electric SUVs in the segment, including the previously mentioned best-selling car in the world: the Model Y.
Rivian aims to bring the vehicle to market in “the first half of 2026”. RJ said that Rivian is accelerating the R2 program timeline by starting production at its existing Normal, IL, factory rather than the upcoming Georgia factory, which RJ insisted is still in the plans.
Electrek’s Take
This hits the mark on many levels. It has great pricing for the specs and many different powertrain options to suit everyone’s needs. A few differentiating features and
I know some are not pleased with the design – calling it a carbon copy of the R1S, but it’s a proven successful design language and it’s nothing new for companies to keep with a strong design that carries across its lineup. Think of companies like Volvo.
Honestly, the biggest negative of this vehicle is that it can’t come soon enough. 2026 is still 2 years away, and the market can change a lot during that time.
But Rivian needs that time to get its house in order and show that it can produce the R1S/R1T profitably before moving in to cheaper vehicles.
Speaking of cheaper vehicles, RJ had a Steve Jobs “one more thing” moment at the R2 unveiling.
He also unveiled the Rivian R3 and R3X: a smaller hatchback with a similar design as the R2, and its performance sibling with wider wheels and a more aggressive design presented as its own model.
Pricing and availability were not released for those models.
I do really like the R3. It’s kind of a Gremlin mix with an IONIQ 5. The R3X has clear rally car vibes.
That said, I do get worried about Rivian spreading itself thin with 2.5 new vehicle programs.
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Japanese equipment giant Kubota brought 22 new or updated machines to the 2025 bauma expo earlier this year, but tucked away in the corners was a new retrofit kit that can help existing customers decarbonize more quickly, and more affordably.
No matter how badly a fleet may want to electrify, harsh economic realities and the greater up-front costs typically associated with battery electric remain high hurdles to overcome, but new retrofit options from major manufacturers are popping up to help lower those obstacles.
The latest equipment maker to put its name on the retrofit list is Kubota, who says its kit can be installed by a trained dealer in a single day.
That’s right! By this time tomorrow, your diesel-powered Kubota KX019 or U27-4 excavator (shown) could be fitted with an 18 or 20 kWh li-ion battery pack and electric drive motors and ready to get to work in a low-noise or low-vibration work environment where emissions are a strict no-no. Think indoor precision demolition or historic archeological excavation.
Then, if necessary, it can go right back to diesel power.
From diesel to electric and back again
If that sounds familiar, that’s because we’ve talked about a similarly flexible power solution from ZQUIP. The battery packs and diesel engines are much larger in that application, but the basic sales pitch remains the same: electric when it benefits your operation, diesel it doesn’t.
Kubota says its modular retrofit kits is a response to the increasing global demand for sustainable alternatives by focusing on making machinery that’s flexible and repairable enough to be “reusable,” and offer construction fleet managers a longer operational lifespan, superior ROI (return on investment), and lower TCO (total cost of ownership) than the competition.
Kubota’s solution also notably reduces maintenance costs and operational overheads. With no engine and associated components, servicing time and expenses are considerably reduced, saving customers both time and money. Additionally, with electricity costing far less than fossil fuels, it offers a highly economical advantage.
International Rental News reports that other changes to the excavators include a more modern cab controls with a digital instrument cluster, a 60 mm wider undercarriage for more stability, and an independent travel circuit allows operators to use the boom, dipper, bucket, and auxiliary functions without an impact on tracking performance.
Kubota’s new kit, first shown at last year’s Hillhead exhibition in the UK, will officially be on sale this summer – any day now, in fact – though pricing has yet to be announced.
Electrek’s Take
If you’re wondering how it is that we’re still talking about bauma 2025 a full quarter after the show wrapped up, then I haven’t done a good enough job of explaining how positively massive the show was. Check out this Quick Charge episode (above) then let us know what you think of Kubota’s modular power kits in the comments.
SOURCE | IMAGES: Kubota, via International Rental News.
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Elon Musk isn’t happy about Trump passing the Big Beautiful Bill and killing off the $7,500 EV tax credit – but there’s a lot more bad news for Tesla baked into the BBB. We’ve got all that and more on today’s budget-busting episode of Quick Charge!
We also present ongoing coverage of the 2025 Electrek Formula Sun Grand Prix and dive into some two wheeled reports on the new electric Honda Ruckus e:Zoomer, the latest BMW electric two-wheeler, and more!
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Environment
FERC: Solar + wind made up 96% of new US power generating capacity in first third of 2025
Solar and wind accounted for almost 96% of new US electrical generating capacity added in the first third of 2025. In April, solar provided 87% of new capacity, making it the 20th consecutive month solar has taken the lead, according to data belatedly posted on July 1 by the Federal Energy Regulatory Commission (FERC) and reviewed by the SUN DAY Campaign.
Solar’s new generating capacity in April 2025 and YTD
In its latest monthly “Energy Infrastructure Update” report (with data through April 30, 2025), FERC says 50 “units” of solar totaling 2,284 megawatts (MW) were placed into service in April, accounting for 86.7% of all new generating capacity added during the month.
In addition, the 9,451 MW of solar added during the first four months of 2025 was 77.7% of the new generation placed into service.
Solar has now been the largest source of new generating capacity added each month for 20 consecutive months, from September 2023 to April 2025.
Solar + wind were >95% of new capacity in 1st third of 2025
Between January and April 2025, new wind provided 2,183 MW of capacity additions, accounting for 18.0% of new additions in the first third.
In the same period, the combination of solar and wind was 95.7% of new capacity while natural gas (511 MW) provided just 4.2%; the remaining 0.1% came from oil (11 MW).
Solar + wind are >22% of US utility-scale generating capacity
The installed capacities of solar (11.0%) and wind (11.8%) are now each more than a tenth of the US total. Together, they make up almost one-fourth (22.8%) of the US’s total available installed utility-scale generating capacity.
Moreover, at least 25-30% of US solar capacity is in small-scale (e.g., rooftop) systems that are not reflected in FERC’s data. Including that additional solar capacity would bring the share provided by solar + wind to more than a quarter of the US total.
With the inclusion of hydropower (7.7%), biomass (1.1%), and geothermal (0.3%), renewables currently claim a 31.8% share of total US utility-scale generating capacity. If small-scale solar capacity is included, renewables are now about one-third of total US generating capacity.
Solar is on track to become No. 2 source of US generating capacity
FERC reports that net “high probability” additions of solar between May 2025 and April 2028 total 90,158 MW – an amount almost four times the forecast net “high probability” additions for wind (22,793 MW), the second-fastest growing resource. Notably, both three-year projections are higher than those provided just a month earlier.
FERC also foresees net growth for hydropower (596 MW) and geothermal (92 MW) but a decrease of 123 MW in biomass capacity.
Taken together, the net new “high probability” capacity additions by all renewable energy sources over the next three years – i.e., the bulk of the Trump administration’s remaining time in office – would total 113,516 MW.
FERC doesn’t include any nuclear capacity in its three-year forecast, while coal and oil are projected to contract by 24,373 MW and 1,915 MW, respectively. Natural gas capacity would expand by 5,730 MW.
Thus, adjusting for the different capacity factors of gas (59.7%), wind (34.3%), and utility-scale solar (23.4%), electricity generated by the projected new solar capacity to be added in the coming three years should be at least six times greater than that produced by the new natural gas capacity, while the electrical output by new wind capacity would be more than double that by gas.
If FERC’s current “high probability” additions materialize, by May 1, 2028, solar will account for one-sixth (16.6%) of US installed utility-scale generating capacity. Wind would provide an additional one-eighth (12.6%) of the total. That would make each greater than coal (12.2%) and substantially more than nuclear power or hydropower (7.3% and 7.2%, respectively).
In fact, assuming current growth rates continue, the installed capacity of utility-scale solar is likely to surpass that of either coal or wind within two years, placing solar in second place for installed generating capacity, behind only natural gas.
Renewables + small-scale solar may overtake natural gas within 3 years
The mix of all utility-scale (ie, >1 MW) renewables is now adding about two percentage points each year to its share of generating capacity. At that pace, by May 1, 2028, renewables would account for 37.7% of total available installed utility-scale generating capacity – rapidly approaching that of natural gas (40.1%). Solar and wind would constitute more than three-quarters of installed renewable energy capacity. If those trend lines continue, utility-scale renewable energy capacity should surpass that of natural gas in 2029 or sooner.
However, as noted, FERC’s data do not account for the capacity of small-scale solar systems. If that’s factored in, within three years, total US solar capacity could exceed 300 GW. In turn, the mix of all renewables would then be about 40% of total installed capacity while the share of natural gas would drop to about 38%.
Moreover, FERC reports that there may actually be as much as 224,426 MW of net new solar additions in the current three-year pipeline in addition to 69,530 MW of new wind, 9,072 MW of new hydropower, 202 MW of new geothermal, and 39 MW of new biomass. By contrast, net new natural gas capacity potentially in the three-year pipeline totals just 26,818 MW. Consequently, renewables’ share could be even greater by mid-spring 2028.
“The Trump Administration’s ‘Big, Beautiful Bill’ … poses a clear threat to solar and wind in the years to come,” noted the SUN DAY Campaign’s executive director, Ken Bossong. “Nonetheless, FERC’s latest data and forecasts suggest cleaner and lower-cost renewable energy sources may still dominate and surpass nuclear power, coal, and natural gas.”
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