California-based EV maker Rivian Automotive Inc (NASDAQ:RIVN) unveiled its new R2 SUV and showcased its upcoming R3 crossover on Thursday. These additions give Rivian a lineup comparable in price range to its larger rival, Tesla Inc. (NASDAQ:TSLA), with the exception of the unique Cybertruck. Rivian’s Expanding Lineup: Rivian’s current offerings include the R1T electric truck, the R1S SUV, the smaller and more affordable R2 SUV, and a preview of the R3 crossover. The company also manufactures electric delivery vans for commercial customers. Targeting Tesla’s Price Points: The R1T and R1S cater…
