Rivian R2 Event: When, How to Watch and What to Expect

By Nehal Malik
Rivian Wave

The moment Rivian fans have been waiting for is almost here. This Thursday, March 12, the California-based automaker will officially take the stage at SXSW 2026 in Austin, Texas, to unveil the production version of its highly anticipated R2 midsize SUV. While prices, trims, and colors have leaked, we should find out more details straight from Rivian.

The R2 represents a make-or-break moment for the brand. Rivian is banking on this vehicle and its new autonomy stack to lead it to profitability by the end of 2026. Built on an entirely new, lighter platform, the R2 is designed to compete directly with the Tesla Model Y.

Update: Rivian has officially announced the R2 trims and options!

What to Expect

Based on insights from Rivian watcher @Hilbe, we have a solid idea of what to expect from the reveal. The highlight will be the automaker sharing the full specifications for the R2 and what variants it will be available in, along with the configurator launch, where we should see options for paint, wheels, and interior finishes.

  • Launch Configurations: The first trim to roll off the line is expected to be the dual-motor, all-wheel drive Launch Edition.

  • Pricing: While prices and trim levels have now been leaked, it’ll be officially announced tomorrow. While the R2 is rumored to start around $45,000 for the single-motor base model, the Launch Edition will carry a $57,990 price tag.

  • Colors: We also expect Rivian to announce available colors, at least on the Launch Edition. The color options appear to have leaked as well, but they may not all be available at launch.

  • Performance & Upgrades: Expect details on a performance upgrade for the 656-horsepower dual-motor setup, which hits 0-60 mph in 3.5 seconds. There should also be an "All-Terrain" package and premium audio options.

  • Utility Features: Look for more info on the rear window that rolls into the tailgate and front seats that fold flat for car camping.

  • Autonomy: Initial R2 models are expected to feature Rivian’s Gen 2 autonomy hardware (no LiDAR). Starting in late 2026, Rivian will start producing R2 models with Gen 3 hardware, including LiDAR and the company’s custom RAP1 chips.

  • Tesla Compatibility: The R2 will feature a native NACS port, granting it access to Tesla Superchargers out of the box.

Rivian Wave

While the hype is high, there are some things you shouldn't count on seeing this Thursday. We aren't expecting immediate R2 deliveries, as volume production in Illinois isn't slated until mid-2026.

Additionally, don't expect current reservations to convert to firm orders just yet, nor should you expect R2 accessories to hit Rivian’s Gear Shop immediately. While the focus is strictly on the R2, Rivian could always surprise us with new glimpses of the R3 or R3X, though new models like an "R2T" or "R1X" remain unlikely for this specific event.

When is the Event

The R2 unveiling is scheduled for Thursday, March 12, 2026. This date is strategically chosen to pre-empt the start of Rivian's "Electric Roadhouse" showcase at SXSW, where the company will later offer public R2 rides to attendees.

The event is expected to start at 9:30 a.m. PT. This is the expected start time, as Rivian has yet to officially announce it themselves.

This is the following times around the world:

9:30 a.m. Pacific Time

12:30 p.m. Eastern Time

4:30 p.m. UTC

4:30 p.m. — London, England

5:30 p.m. — Berlin, Germany

3:30 a.m. (next day) — Sydney, Australia

How to Watch

Rivian is expected to livestream the event directly from its SXSW hub in Austin. The company typically shares a link on its social media channels and website closer to the start time. We will add that link here as soon as it becomes available, so stay tuned for that and our full coverage of the R2 unveiling.

Update: It looks like Rivian may not stream the event after all, but if that changes, we’ll have the link available here. We’ll have continued coverage and everything Rivian announces at the event tomorrow morning.

Update 2: Rivian decided not to stream the event and instead posted content on their site and social media pages. They have officially announced the R2 lineup, which lines up with the leaks. The official trims, prices, and options are available here.

This event marks the beginning of Rivian's transition from a niche, high-end truck maker to a mass-market player. If the R2 lives up to the specs we've seen so far, the electric SUV market is about to get a lot more interesting.

Rivian Preps for R2 With Big Insurance and Warranty Overhaul

By Nehal Malik
Rivian Wave

As Rivian prepares for its biggest production ramp yet, the company is quietly building out the executive team needed to support a massive influx of new owners. A recent move to fill two high-level leadership positions signals that major updates are on the horizon for both Rivian Insurance and Rivian Care, the company’s in-house protection programs.

The expansion was first highlighted by Rivian enthusiast Chris Hilbert (@Hilbe), who shared a call for talent from Mike Slattery, Rivian’s Head of Insurance. Slattery’s announcement makes it clear that the company is looking to move beyond "business as usual" by leveraging its connected vehicle platform to rethink how insurance and warranties work.

Building a "High-Impact" Support Engine

The first of the two roles, the Sr. Program Operations Lead for Rivian Care, will serve as the "operational engine" behind the company’s vehicle protection products. This includes scaling high-impact programs like service contracts, windshield protection, and wheel and tire plans across multiple markets.

Currently, Rivian — whose name reflects a focus on the adventurous spirit of the Indian River — offers Rivian Care as a pilot program powered by Assurant. It is designed to protect vehicles like the R1T and R1S beyond their standard manufacturer’s warranty, covering critical components like the high-voltage battery and drivetrain. With a dedicated operations lead now joining the team, it’s likely that this pilot phase is nearing an end in favor of a more robust, permanent program.

The Future of Connected Insurance

The second position is an Insurance Agency Leader based on the ground at Rivian’s manufacturing hub in Bloomington/Normal, Illinois. Slattery noted that this leader will be tasked with driving profitability while keeping the owner experience central, all while "leveraging vehicle intelligence to fundamentally change how vehicle protection products actually work!"

Rivian Insurance is already a licensed agency available in all 50 U.S. states, but its potential is only just being tapped. Much like Tesla Insurance, which recently released its Safety Score 3.0 to further reward drivers who use the company’s Full Self-Driving (Supervised) system, Rivian is looking to use data-driven rates via its Driver+ system. By using the vehicle’s internal intelligence, Rivian can offer custom policies tailored to the exact risk profile of its drivers, making the transition from R1 to the mass market much smoother.

Ramping Up for the R2 Era

This focus on internal infrastructure comes at a pivotal moment. Rivian recently beat Q1 delivery estimates and is now shifting its entire focus toward the R2 midsize SUV. The R2 is the company’s first truly mass-market offering, and deliveries are slated to begin with the Performance Launch Package later this spring.

A mass-market vehicle brings a much broader audience, many of whom will expect first-party extended warranties and competitive insurance rates right out of the box. By scaling these leadership roles now, Rivian is ensuring it has the "operational engine" ready to handle tens of thousands of new R2 owners. This proactive hiring suggests that when the R2 configurator opens later this year, it will likely be accompanied by a more integrated and transparent suite of protection products than ever before.

Rivian Factory to Reuse EV Packs for 10 MWh Grid Battery

By Nehal Malik
Rivian Wave

Rivian is taking a major step toward closing the loop on battery life. The electric vehicle maker has officially announced a partnership with Redwood Materials to deploy a first-of-its-kind energy storage system at its Normal, Illinois, manufacturing facility. By repurposing more than 100 "second-life" battery packs from its vehicles, Rivian will create a 10 megawatt-hour (MWh) storage reservoir to help power the very plant where its cars are built.

This partnership is a massive win for sustainability. EV batteries are designed to be incredibly durable, often outlasting the vehicles themselves. Even when a pack is no longer ideal for high-performance driving, it still holds significant value for stationary storage. By utilizing these assets, Rivian is ensuring its environmental footprint remains as small as possible.

Repurposing for the R2 Ramp

The timing of this installation is particularly critical. Rivian’s Normal plant is currently gearing up for mass production of the R2, the company’s first affordable, mass-market SUV. After recently beating Q1 delivery estimates, the factory is under immense pressure to scale.

Rivian Wave

The new 10 MWh system will provide "dispatchable energy," meaning Rivian can pull power from these batteries during peak demand periods. This will not only lower energy costs for the company but also reduce the overall load on the local electrical grid, supporting reliability for the surrounding community.

“EVs represent a massive, distributed and highly competitive energy resource,” said Rivian Founder and CEO RJ Scaringe. “As energy needs grow, our grid needs to be flexible, secure, and affordable. Our partnership with Redwood enables us to utilize our vehicle’s batteries beyond the life of a vehicle and contribute to grid health and American competitiveness.”

Solving the Industrial Growth Constraint

The "secret sauce" behind this setup is Redwood’s proprietary Pack Manager technology. This system acts as a universal translator, allowing Redwood to communicate with and control different battery packs regardless of their original voltage or state of health.

JB Straubel, the founder and CEO of Redwood Materials (and former Tesla CTO), highlighted that the grid is currently struggling to keep up with the demands of modern manufacturing. “Electricity demand is accelerating faster than the grid can expand, posing a constraint on industrial growth,” Straubel said. “Our partnership with Rivian shows how EV battery packs can be turned into dispatchable energy resources, bringing new capacity online quickly, supporting critical manufacturing, and reducing strain on the grid without waiting years for new infrastructure. This is a scalable model for how we add meaningful energy capacity in the near term.”

A Scalable Model for the Future

This 10 MWh project is just the beginning. Redwood estimates that by 2030, the U.S. will need over 600 GWh of storage to stabilize the grid — a massive amount of energy equivalent to the Hoover Dam running for two months straight.

By turning old EV batteries into stationary assets before they are eventually recycled, companies can defer billions of dollars in costly infrastructure upgrades. As Rivian prepares to hand over the first R2 keys later this spring, its factory will be running on a smarter, more resilient energy loop that proves the "second life" of a battery is just as important as the first.

Latest Rivian Update