Rivian reported strong Q3 2026 numbers with 19,751 vehicles produced and 19,248 delivered, marking an 85% YoY production increase and 45% delivery growth, largely driven by its more affordable R2. The company reaffirmed its full-year guidance of 65,000–70,000 deliveries, standing out as a rare positive in an otherwise struggling EV sector.
Background
Rivian has been investing heavily in its R2 platform, a more affordable mid-size EV aimed at broadening its market reach amid intensifying competition in the U.S. EV space.
- Source
- The Verge
- Published
- Oct 3, 2026 at 01:15 AM
- Score
- 7.0 / 10