Rivian Automotive (RIVN) is reportedly testing its new R2 SUV in frigid temperatures, ensuring that the electric vehicle can perform in sub-zero conditions before its anticipated launch in the first half of this year.
According to a Reddit post, the vehicle was spotted in Fairbanks, Alaska over the weekend.
Cold weather testing is crucial to assure an EV’s battery capability and could help establish the more affordable R2 as a competitor to Tesla’s (TSLA) Model Y.
Moreover, with a starting price near $45,000, the Rivian R2 qualifies for Canada’s EV rebate, strengthening its appeal in a market defined by prolonged sub-zero winters.
After an eleven-day losing streak, Rivian (RIVN) shares are expected to trade in the green for a second day, buoyed by a modest gain into Monday’s open.
