Rivian’s sales pop as the company’s big R2 bet starts to pay off

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-ov

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. Rivian's sales surge is a rare bright spot in a struggling industry. A year after President Trump and Re … Read the full story at The Verge.