Rivian Sees 2026 Delivery Surge with Smaller, More Affordable R2 SUVs

The electric vehicle startup's rollout of its R2 model is driving a jump in projected deliveries.

Published on Feb. 15, 2026

Rivian, the electric vehicle startup, is expecting a significant increase in deliveries in 2026 driven by the rollout of its smaller and more affordable R2 SUV model. The R2 is seen as a key part of Rivian's strategy to expand its customer base beyond the high-end R1T truck and R1S SUV offerings.

Why it matters

Rivian's ability to successfully launch the R2 and drive higher delivery volumes will be crucial to the company's long-term growth and profitability prospects as it competes in the increasingly crowded EV market. The R2's more accessible price point could also help Rivian reach a wider range of consumers.

The details

Rivian plans to begin production and deliveries of the R2 SUV in 2026, with the new model featuring a smaller size and lower starting price compared to the company's existing R1T and R1S vehicles. Analysts project the R2 could account for over 50% of Rivian's total deliveries in 2026 as the model ramps up.

  • Rivian plans to begin R2 SUV production and deliveries in 2026.
  • The R2 is expected to make up over 50% of Rivian's total deliveries in 2026.

The players

Rivian

An American electric vehicle startup that has launched the R1T pickup truck and R1S SUV models, and is now preparing to roll out the smaller and more affordable R2 SUV.

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What’s next

Rivian will need to successfully ramp up production and deliveries of the R2 SUV in 2026 to meet its ambitious targets and continue growing its business.

The takeaway

Rivian's ability to bring the more affordable R2 SUV to market and drive higher delivery volumes will be a key test for the EV startup as it seeks to expand its customer base and compete in the increasingly crowded electric vehicle landscape.