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Home/News Feed/Rivian starts production of R2 SUVs despite tornado damage, aiming for mass-market launch by mid-2026.
RIVN
$17.95
+$0.15 +0.84%

Rivian starts production of R2 SUVs despite tornado damage, aiming for mass-market launch by mid-2026.

Market News
22 Apr 2026
TechCrunch
View Source
Bullish
pluang ai news

Rivian has begun producing its R2 SUVs at its Illinois factory just days after an EF-1 tornado damaged the plant. CEO RJ Scaringe confirmed no delays are expected in the R2 rollout, which is key for Rivian's path to profitability. The R2 is priced higher at launch than initially planned, starting at nearly $58,000, with cheaper models expected by late 2027. Rivian aims to deliver 20,000-25,000 R2 SUVs by the end of 2026, potentially making it one of the fastest-growing new EVs in the U.S.

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