During their Q2 earnings call RJ Scaringe touched on some things about the new R2 platform that will be coming.
electrek.co
Yet, the R2 platform may become a priority as incentives expect to ramp up EV demand. The company said it’s confident in its funding ($15 billion in cash and equivalents) to launch the R2 platform.
Rivian’s CEO, when asked about supply chain difficulties with the R2 platform, responded:
- The R2 platform will meet the pricing requirements of the Inflation Reduction Act (IRA)
- R2 platform will launch in 2025 at the Rivian Georgia facility
- Rivian is spending $2 billion through 2025
- Rivian has been planning for the R2's long term supply chain.

What Rivian revealed about its R2 platform in its Q2 earnings call
On its Q2 earnings call yesterday, Rivian gave us a glimpse into what we can expect from its newest R2...
Yet, the R2 platform may become a priority as incentives expect to ramp up EV demand. The company said it’s confident in its funding ($15 billion in cash and equivalents) to launch the R2 platform.
Rivian’s CEO, when asked about supply chain difficulties with the R2 platform, responded:
Meanwhile, the company’s CFO, Claire McDonough, explained that Rivian is planning capital spending (CapEx) around the low $2 billion through 2025 and added that the spending
In the meantime, Rivian is focusing on working out the production knots and ramping production of its R1 series. Rivian has significant plans for growing its EV market share, and there’s no doubt the R2 platform will play a major role. But, the company will have plenty of hurdles to clear before it arrives. Let’s see if the company can first hit its goal of producing 25,000 units this year.