For Rivian (NASDAQ: RIVN), 2026 can't come soon enough. That's when the company plans to begin rolling out its R2 model, a more competitively priced product for mainstream consumers. The R2 launch is likely to open the doors to a much wider audience and boost deliveries.

And while investors wait for the R2 launch, there is some good news about Rivian introducing its second generation R1T and R1S.

CEO RJ Scaringe issued a press release saying: "We continue to evolve our flagship R1 vehicles, offering quality and performance without compromise. Our revamped R1S and R1T push the technical boundaries further, creating our most capable products to date." 

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Source Fool.com