Rivian Won’t Raise R2’s $45,000 Starting Price Despite New Tariffs
Rivian’s CEO RJ Scaringe confirmed to investors that the upcoming R2 crossover will keep its $45,000 starting price, despite new 25% tariffs on imported vehicles and parts, as reported by Inside EVs. Scaringe emphasized that Rivian has no plans to raise prices, even as tariffs impact other automakers. The tariffs, introduced under the Trump administration, have forced Rivian to lower its 2025 delivery goal from 46,000-51,000 vehicles to 40,000-46,000. Scaringe acknowledged that Rivian is not immune to rising costs, but the…