Rivian R2s Release Date 2024. Vwagy has committed to investing up to $5.8 billion in rivian, including $2.3 billion in 2024 and additional funding by 2028 based on milestones. Rivian is preparing its new, smaller ev offering, called 'r2' for a march 7 debut.
Rivian says the r2 will enter production in the first half of 2026. The r2 looks similar to the r1s and r1t, but it’s expected to be smaller and more affordable.