Rivian’s Q1 2026 Earnings Rise as R2 EV Production Expands
Rivian’s first-quarter revenue increases alongside a 30% jump in vehicle production, fueled by the launch of its R2 EV. The automaker reaffirms its 2026 sales forecast amid growing demand.
Rivian’s first-quarter revenue increases alongside a 30% jump in vehicle production, fueled by the launch of its R2 EV. The automaker reaffirms its 2026 sales forecast amid growing demand.
Rivian has adjusted its ambitious Georgia factory plans, reducing annual output targets by 25%. The change follows a $2.1 billion cut in federal funding tied to revised terms from the DOE.