R2 Reservation Info ($100), Reveal Event Date and Page now on Rivian Website [Updated w/ R2 Teaser Video]

[emoore]

Standard Range = 225 miles $45k
Standard + = 275 miles $50k
Large = 325 miles $60k (top of the line options too)

Sponsored

 

[MidnightRivian]

Baby R1 aka Rivian R2 with 5 seater, fixed height suspension, 14 speaker system, 2 wheels / tire options and 2 battery pack options Standard and Max ($5,000 upgrade).

Standard battery is 275 miles and max battery is 333 miles with road wheels.

Battery fully eligible for $7,500 tax credit.

$39,900 after $7,500 tax credit - 399 HP RWD available 2028

$49,990 after $7,500 tax credit - 499 HP AWD available 2026

$59,990 after $7,500 tax credit - 599 HP AWD Max Performance available 2027

Overboost / Performance upgrade function available for extra $3000

 

[macb00kemdanno]

https://electrek.co/2024/02/20/rivian-ceo-48k-sweet-spot-ev-prices-r2/

In a new interview with Forbes, Scaringe explained Rivian’s ambitions of going mass market. “The average transaction price of a vehicle, any vehicle in the United States, is around $48,000.”

Scaringe explained, “We think that’s a really important sweet spot, to be in that range, to create a viable option for customers that are coming out of combustion-powered vehicles.”

 

[Dark-Fx]

https://electrek.co/2024/02/20/rivian-ceo-48k-sweet-spot-ev-prices-r2/

I can't help but think the average sale price is probably pulled up by more expensive vehicles. I can't find anywhere that says what the median price is though.

 

[Autolycus]

I can't help but think the average sale price is probably pulled up by more expensive vehicles. I can't find anywhere that says what the median price is though.

Well yes, that’s how averages work. ? I suspect the median isn’t off by that much. The volume of sales in the really high price range isn’t that high. Most of the upward pull is from very high volume vehicles like F150, Silverados, and Ram trucks and midsize and large SUVs.

FWIW, in 2023 the average non-luxury vehicle sale was $44,700. Not sure how non-luxury is defined for that.

 

[Dark-Fx]

Well yes, that’s how averages work. ? I suspect the median isn’t off by that much. The volume of sales in the really high price range isn’t that high. Most of the upward pull is from very high volume vehicles like F150, Silverados, and Ram trucks and midsize and large SUVs.

FWIW, in 2023 the average non-luxury vehicle sale was $44,700. Not sure how non-luxury is defined for that.

My point is if Rivian is targeting average pricing as their bottom, it's still too high for their messaging of making it accessible to everyone (who would buy a new vehicle)

 

[macb00kemdanno]

My point is if Rivian is targeting average pricing as their bottom, it's still too high for their messaging of making it accessible to everyone (who would buy a new vehicle)

I think that the messaging is right on the mark. The Model Y is priced from $42,000 (base, RWD) to around $55,000 for a Performance and qualifies for the $7,500 tax credit. The Model Y was the best-selling vehicle (ICE or EV) in the world last year and was the #5 best-selling car in the United States. That seems pretty "mainstream" to me.

The Model Y is priced right in the heart of that $48,000 sweet spot that RJ is talking about. If Rivian can hit that mark, it's going to sell like gangbusters.

 

[NY_Rob]

Baby R1 aka Rivian R2 with 5 seater, fixed height suspension, 14 speaker system, 2 wheels / tire options and 2 battery pack options Standard and Max ($5,000 upgrade).

Standard battery is 275 miles and max battery is 333 miles with road wheels.

Battery fully eligible for $7,500 tax credit.

$39,900 after $7,500 tax credit - 399 HP RWD available 2028

$49,990 after $7,500 tax credit - 499 HP AWD available 2026

$59,990 after $7,500 tax credit - 599 HP AWD Max Performance available 2027

Assuming the $7,500 Fed tax credit is still around in 2026, 2027 and 2028.

 

[emoore]

Assuming the $7,500 Fed tax credit is still around in 2026, 2027 and 2028.

Right now it's good thru 2032. Would take a lot to repeal it.

 

[NY_Rob]

Assuming the $7,500 Fed tax credit is still around in 2026, 2027 and 2028.

Right now it's good thru 2032. Would take a lot to repeal it.

Never underestimate the willpower of dirty vindictive politicians.

 

[HaveBlue]

From the garage height it looks like the size of a small SUV like a Volvo, Mazda CX5, Velar or even a station wagon like an Allroad. That girl is short and the car is shorter than her. Based on some simple math: 7' garage door opening, I drew lines up from the wheel position to roughly where the header would be and the top of the car. I took the ratio of the two and the R2 would have a height of 4'6" (an average passenger car). Forced perspective with the roof further back skews this so it is likely somewhat taller. The girl is about 5'4" in her heels if anyone is wondering.

 

[aAlpine]

Coil springs confirmed?

From today's shareholder letter: https://assets.rivian.com/2md5qhoea..._4Q23_Shareholder_Letter_Final_Compressed.pdf

 

[Dark-Fx]

Coil springs confirmed?

From today's shareholder letter: https://assets.rivian.com/2md5qhoea..._4Q23_Shareholder_Letter_Final_Compressed.pdf

Nah, clearly just circular air springs

 

[NY_Rob]

^ the good news is the struts inside the coil springs are very inexpensive nowadays, you find them for under $100 retail and in many cases last the life of the vehicle without ever needing service.
No air-ride cylinders, compressor, tank, pipes, hoses, valves, monitoring system, etc.. needed. Also, less warranty repairs for Rivian helping to reduce SC appointment backlogs.

Huge cost savings in just that one system!

 

[TollKeeper]

I am just wondering what they are doing for rear suspension.. It looks like Multi-Link Torsion (no springs).

Sponsored