Cars

Rivian Explores Expanding R2 Lineup with Pickup and Performance Variants Amidst Significant Volkswagen Investment

authorBy Jeremy Clarkson

DateMay 06, 2026

Read Time2 min

Rivian, a prominent electric vehicle manufacturer, is actively exploring the expansion of its R2 electric vehicle platform. This initiative includes the potential introduction of a pickup truck variant and a high-performance R2X model, signaling a strategic move to broaden its product portfolio. This development coincides with Rivian's initial production rollout of the R2 SUV and a significant investment from Volkswagen, which has recently become the largest shareholder in the company.

Rivian's Future: Diversifying the R2 Lineup and Bolstering Partnerships

Commencement of R2 Production and Future Aspirations

Rivian recently marked a significant milestone with the commencement of customer-ready R2 SUV production at its Illinois facility. As deliveries are set to begin later this spring, the company is already looking ahead, with discussions about potential new variants for the R2 platform. This forward-thinking approach underscores Rivian's commitment to innovation and growth in the rapidly evolving electric vehicle market.

Hints at a Potential R2 Pickup Truck

CEO RJ Scaringe has alluded to the possibility of additional R2 models, including a pickup truck version. While he stopped short of a definitive announcement, Scaringe confirmed that Rivian's new Georgia factory is designed to accommodate various R2 configurations. Given the success of the R1T pickup alongside the R1S SUV, an R2T pickup truck appears to be a logical progression for the brand, though it is not expected to launch before 2028.

The Prospect of a High-Performance R2X

Beyond a pickup truck, Rivian is also considering a high-performance R2X model. Drawing parallels to the R3X, a sporty variant of the R3 subcompact SUV, an R2X would likely feature a tri-motor powertrain, surpassing the 656 horsepower of the current dual-motor Performance trim. This would cater to consumers seeking enhanced power and agility in an electric SUV.

Volkswagen's Increased Stake and Strategic Alliance

In a significant development for Rivian, Volkswagen has substantially increased its investment, becoming the largest shareholder. This move, involving the acquisition of 62.9 million shares, elevates Volkswagen's stake to 15.9 percent, surpassing Amazon's holdings. This investment is part of a larger $5.8 billion agreement, where Volkswagen aims to leverage Rivian's expertise to overcome its own software development challenges, solidifying a strategic partnership between the two automotive giants.

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