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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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LiveWire Alpinista unveiled as newest electric motorcycle from Harley offshoot

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LiveWire Alpinista unveiled as newest electric motorcycle from Harley offshoot

LiveWire, the electric motorcycle brand spun out of Harley-Davidson, has just announced its latest electric motorcycle model. The new LiveWire S2 Alpanista is built on the same platform as the brand’s last two models, leveraging the Arrow platform as a versatile foundation for several diverse bikes.

The Arrow platform first received its debut with the LiveWire S2 Del Mar, which was then followed by the S2 Mulholland.

LiveWire announced that a high-performance electric maxi-scooter would be produced on the Arrow platform, but not before the company rolled out the S2 Alpinista. “The Alpinista is LiveWire’s first sport standard,” explained the company, “equipped with 17” wheels and tires, blending the best of street, sport, and hyper-tourer characteristics.”

The recently unveiled S2 Alpinista is mechanically quite similar to the two previous models sharing the platform. The 10.5 kWh battery that serves as the main structure of the bike will offer a maximum range of 120 miles (193 km) per charge under city riding conditions. It can be recharged with a Level 2 charger from 20-80% in just 1 hour and 20 minutes.

The 433 lb (196 kg) bike can achieve a 0-60 mph (0-96 km/h) time of just 3.0 seconds, thanks to its powerful 63 kW (84 hp) motor. The S2 Alpinista can also reach an electronically limited top speed of 99 mph (159 km/h).

Priced at US $15,999 and already available at LiveWire dealerships in North America and Europe, the S2 Alpinista officially becomes the most affordable LiveWire electric motorcycle available to date, undercutting the $16,249 S2 Del Mar electric street tracker and the $16,499 Mulholland electric sport cruiser.

“Alpinista reimagines the S2 by combining the urban agility of a supermoto with the do-it-all nature of a touring bike, creating a practical and thrilling sport standard,” explained the brand.

The smaller 17″ wheels help reduce the seat height of the bike, and combined with the Dunlop Roadsmart IV tires, the street-optimized bike is ideal for “both daily commutes and spirited rides through winding roads.”

The S2 Alpinista comes with 6-axis IMU from Bosch providing cornering-enhanced antilock braking and cornering-enhanced traction control systems, in addition to four preset ride modes and two custom modes.

Now the third model launched on the Arrow platform, the S2 Alpanista underscores the versatility of LiveWire’s workhorse. The approach was intended to allow the e-motorcycle offshoot to quickly innovate with multiple styles of motorcycles all sharing key structural and drivetrain components. The move has largely been seen as an engineering success, with three models hitting the road in under three years. However, sales have yet to reach targets set by LiveWire as the more premium electric motorcycle industry has experienced a rocky few years.

As a LiveWire S2 Del Mar owner myself, I can attest to both the performance and enjoyable experience of bikes built on the platform, though I do find myself in a somewhat smaller community than LiveWire had likely hoped for. With the backing of its powerful older brother H-D, which retains a controlling stake in the company, LiveWire has enjoyed the relative freedom to cruise for its first few years and focus on motorcycle development and rollouts, with profitability hopefully coming over the horizon in due time.

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Oil major BP to cut thousands of jobs in cost-saving drive

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Oil major BP to cut thousands of jobs in cost-saving drive

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.

Nurphoto | Nurphoto | Getty Images

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-reduction exercise.

“Today, we have today told staff across bp that the proposed changes that have been announced to date are expected to impact around 4700 bp roles – these account for much of the anticipated reduction this year,” BP said in a statement.

“We are also reducing our contractor numbers by 3000,” the company said.

The measures, which were designed to lower costs, come after BP CEO Murray Auchincloss said last year that the company intends to deliver at least $2 billion of cash savings by the end of 2026.

BP’s workforce currently stands at around 87,800.

Shares of the company traded 1.4% higher on Thursday morning.

Strategy in focus

BP has underperformed its European rivals of late as energy market participants continue to question the firm’s investment case.

In a trading update published Tuesday, BP said weaker refinery margins and turnaround activity will deliver a $100 million to $300 million blow to its fourth-quarter profit, while further declines are expected in oil production.

The energy firm is scheduled to report quarterly and full-year earnings on Feb. 11.

BP said in the same update that it had postponed an event for investors next month so that its chief executive can fully recuperate from a “planned medical procedure.” Auchincloss was said to be “recovering well” from the procedure, which had not been previously disclosed.

The capital markets event, which had previously been scheduled to take place in New York on Feb. 11, will now take place in London on Feb. 26.

— CNBC’s Ruxandra Iordache contributed to this report.

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Biden’s $635M good-bye, Trump’s DOT pick will investigate Tesla, and a look ahead

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Biden's 5M good-bye, Trump's DOT pick will investigate Tesla, and a look ahead

On today’s episode of Quick Charge we explore the uncertainty around the future of EV incentives, the roles different stakeholders will play in shaping that future, and our friend Stacy Noblet from energy consulting firm ICF stops by to share her take on what lies ahead.

We’ve got a couple of different articles and studies referenced in this forward-looking interview, and I’ve done my best to link to all of them below. If I missed one, let me know in the comments.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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