Rivian (RIVN) posted a teaser on X of a March 7 reveal of its R2 SUV. The EV company’s R2 will be a smaller, cheaper addition to their EV lineup. Yahoo Finance Senior Reporter Pras Subramanian gave further details on February 5, 2024.
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If R2 small SUV is truly going to be profitable, why not halt production of money losing pickup, suv and delivery vans and just produce the R2 instead at current facility? Answer is simple. R2 is vaporware and will be just as unprofitable as the rest of rivians vehicles if it’s ever sold