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Rivian’s sales pop as the company’s big R2 bet starts to pay off
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The company reported a 45 percent increase in sales and a whopping 85 percent bump in production for the third quarter.
The company reported a 45 percent increase in sales and a whopping 85 percent bump in production for the third quarter.
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Rivian had high hopes for its more affordable R2 vehicle — and so far, those hopes appear to be paying off.
The company released its third-quarter production and delivery numbers today, reporting 19,751 vehicles produced and 19,248 delivered. That represents an 85 percent year-over-year increase in production and a 45 percent jump in deliveries. (For a direct-to-consumer automaker like Rivian, deliveries serve as a proxy for sales.) The company also reaffirmed its full-year 2026 guidance, expecting to deliver 65,000 to 70,000 vehicles.