Rivian Surpasses EV Delivery Expectations | Tech News

Rivian just upped its game—expecting to deliver 65,000 to 70,000 vehicles this year, up from last year’s 42,000, even as the broader EV market slows. The boost comes from beating Q2 targets, strong demand for EDVs and R1s, and the launch of their new R2 SUV, priced around $58K. Rivian is scaling up with new factories in Illinois and Georgia to produce hundreds of thousands of R2s annually. Though exact R2 sales targets remain unclear, the delivery surge signals momentum toward profitability, despite ongoing heavy investments in self-driving tech and a delayed profit goal to 2027. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/db063ed992c4b708