Rivian developing variants of R2 SUV platform, Reuters reports

Rivian (RIVN) is advancing production of its lower-cost R2 SUV platform and developing additional variants as it prepares for mass-market expansion, with successful rollout viewed as key to growth amid softer EV demand following U.S. tax credit changes and ongoing affordability pressures, Reuters’ Abhirup Roy reports. “There are other variants of R2, which we haven’t shown,” CEO RJ Scaringe said in an interview with Reuters, when asked about a pickup variant of R2. “What we’re building in Georgia allows for different variations,” he said.