What Rivian revealed about its R2 platform in its Q2 earnings call - Electrek

On its Q2 earnings call yesterday, Rivian gave us a glimpse into what we can expect from its newest R2 platform.

Even though the company pushed back its R1S SUV model deliveries earlier this summer, Rivian has full-scale plans for its newest R2 platform.

Rivian confirmed in its second-quarter earnings that the company is confident in its ability to launch the R2 platform in its new Georgia facility in 2025.

At the same time, Rivian is facing issues amid industrywide supply chain disruptions and rising input costs this year.

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:.

And as we have contemplated and planned for the long-term supply chain for R2, we have always looked at it through the lens of making sure we had domestic supply chain to support the ramp-up of that product.

Rivian has significant plans for growing its EV market share, and there’s no doubt the R2 platform will play a major role