Rivian's future hinges on its upcoming R2 — here's what we know about the EV and why it's so important

• Rivian's more affordable R2 can't come soon enough.
• A tough quarter for the EV startup highlights the importance of the next launch.
• We'll learn more about the R2 at Rivian's March 7 reveal event.

Rivian's R2 can't come soon enough for the electric truck startup.

Debuting next month, the R2 is a crucial piece of Rivian's future as a smaller and cheaper option for a new wave of EV customers.