Rivian’s $58,000 R2 Lease Exceeds $800 Monthly, Demand Falters
RIVN•Rivian’s R2 launch starts at $58,000 with lease payments exceeding $800 monthly, leading buyers to hold out for lower trims under $40,000. A ChargeScape partnership enrolls Rivian’s high-capacity batteries in utility-managed charging programs, enabling grid integration and new revenue streams.
1. R2 Model Pricing Impacts Demand
Rivian’s R2 launch features a starting MSRP of $58,000 and lease rates above $800 per month for its initial trims, prompting prospective buyers to consider delaying purchases until lower-cost models under $40,000 are available.
2. ChargeScape Partnership Details
The new partnership with ChargeScape will enroll Rivian’s high-capacity EV batteries in utility-managed charging programs, offering grid integration capabilities, potential demand response revenue, and enhanced energy flexibility for fleet and individual customers.
