Rivian (RIVN) confirms R2 is coming soon and will take the EV brand global

Rivian (RIVN) is betting big on its upcoming midsize R2 electric SUV. Starting at about $45,000, the R2 is about half the cost of its current R1S and R1T models. CFO Claire McDonough confirmed the company is working around the clock to launch R2. It will also help take the brand global as Rivian plans to take the R2 overseas.

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