News Summary

• The R2 is Rivian's new midsize SUV that launched to customers on June 9.
• It (eventually) starts at $44,990, delivers around 300 miles of range across trims, and competes in America's best-selling new-vehicle segment: midsize SUVs.
• The first R2s to reach customers are the $57,990 Performance models with the Launch Package.
• Customers speaking to Business Insider have reported lease prices ranging from $829 to just over $1,000 a month.