Rivian delivers more EVs in 1Q vs last year

Rivian Automotive delivered more electric vehicles in the first quarter of 2026 compared to the same period last year, despite producing fewer EVs. The company is sticking to its forecast to deliver 62,000 to 67,000 EVs in 2026, with R2 deliveries expected to start this quarter.
Rivian Automotive delivered 10,365 EVs in the first quarter, up from 8,640 last year. The company produced fewer EVs due to a combination of factors, including the end of federal tax credits for EV purchases. Rivian has expanded its plant in Normal, Illinois, to manufacture more R2 sport utility vehicles. The plant now has the capacity to make up to 215,000 vehicles a year. Rivian makes luxury R1s and commercial vans, and R2 deliveries are expected to start this quarter. The company is sticking to its forecast to deliver 62,000 to 67,000 EVs in 2026.
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