Rivian Raises 2026 Delivery Outlook After Strong Q2 Demand

Rivian Automotive raised its 2026 delivery guidance on Thursday after stronger-than-expected demand for its electric vehicles during the second quarter. The EV maker now expects to deliver between 65,000 and 70,000 vehicles this year, up from a prior forecast of between 62,000 and 67,000 units. The upward revision follows second-quarter deliveries of 12,194 vehicles, which exceeded both analyst expectations and the company's previous outlook. Higher deliveries during the second quarter were driven by Rivian's electric delivery van and flagship R1 products, according to the company's announcement.

Rivian Raises 2026 Delivery Guidance to 65,000-70,000 Vehicles

Rivian said Thursday it now expects to deliver between 65,000 and 70,000 vehicles this year. The revised guidance represents an increase from the company's prior forecast of between 62,000 and 67,000 units. The company attributed the raised outlook to stronger-than-expected demand observed during the second quarter.

Rivian Delivers 12,194 Vehicles in Second Quarter

Rivian produced 12,613 vehicles and delivered 12,194 units during the second quarter, the company said Thursday. The second-quarter deliveries are higher than FactSet's analyst consensus of 11,000 units. The deliveries also exceeded the company's previous outlook, which called for delivering between 9,000 and 11,000 EVs during the period.

Rivian Ramps R2 SUV Production at Illinois Plant

The company started delivering its midsize R2 SUV during the quarter. Rivian is ramping up production of that vehicle at its sole production plant in Normal, Illinois, which has capacity to produce 160,000 of the vehicles annually.

Rivian to Report Q2 Financial Results July 30

Rivian will report its second-quarter financial results July 30. EV rivals Tesla and Lucid Group also are expected to release their second-quarter deliveries on Thursday.

FAQ

What is Rivian's updated 2026 delivery guidance? Rivian now expects to deliver between 65,000 and 70,000 vehicles in 2026, up from a prior forecast of between 62,000 and 67,000 units.

How many vehicles did Rivian deliver in the second quarter? Rivian delivered 12,194 vehicles during the second quarter, exceeding FactSet's analyst consensus of 11,000 units and the company's previous outlook of between 9,000 and 11,000 EVs.

When will Rivian report its second-quarter financial results? Rivian will report its second-quarter financial results on July 30.