As stated by Bethesda via press release during tonight’s The Game Awards 2018:

Tonight at The Game Awards, we debuted the latest trailer for RAGE 2, showcasing the massive open world, multiple biomes, soaring gyrocopters, crushing monster trucks, big-ass guns, Mutant Bash TV mayhem, a taste of some serious Faction-action … ya, it was a panoply of pure pandemonium. And, for you news hounds — we also announced the official release date for RAGE 2 – May 14, 2019 – for Xbox One, PlayStation 4, and PC.