Rivian’s R2 electric SUV will cost between $40,000 and $60,000

White R1S SUV in a foggy environment
The R2 will probably be like this R1S in some ways but smaller and less flashy. | Photo by Daniel Golson for The Verge

Rivian has had a few interesting weeks that included its alignment with big legacy automakers to adopt Tesla’s North American Charging Standard (NACS) on future vehicles and a little poaching of Tesla’s head of raw materials. But under the radar is one more surprise: CarBuzz is reporting the growing EV company revealed some pricing details last week on its upcoming R2 platform vehicle.

The smaller-size SUV, built on the lower-cost R2 platform, will cost from $40,000 to $60,000. That’s according to Rivian CFO Claire McDonough, who spoke at last week’s Deutsche Bank conference. McDonough said that it “creates a nice stretch for the brand,” mentioning that the current R1 platform vehicles start at around $73,000.

McDonough also shared that…

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