Rivian Automotive Inc. unveiled on Thursday its latest electric vehicle (EV), the R2 electric van, a smaller version of their current SUV, the R1S. The company plans to begin deliveries of the R2 in the first half of 2026.
The next-generation vehicle offers a 360-degree open-air experience and features powered rear glass. It is expected to have a starting price of approximately $45,000.
Rivian's stock jumped 11.41% at 1:38 pm ET, to sell for $12.34 apiece.