Neutral
Rivian's R2 vehicle deliveries commence, with first units to employees; external deliveries soon.
Rivian has begun production of its R2 vehicles, delivering the first units to employees. External customer deliveries are expected in the coming weeks. The company reported a 78% year-over-year revenue growth in Q3 2025, generating $24 million in gross profit. Additionally, Rivian and Volkswagen Group announced a joint venture to develop next-generation software-defined vehicle platforms, combining Rivian’s software and Volkswagen’s global scale and manufacturing capabilities.
Key points
- Rivian starts R2 vehicle deliveries to employees; external deliveries expected soon.
- Q3 2025 revenue up 78% YoY; $24 million gross profit reported.
- Rivian and Volkswagen Group form joint venture for next-gen EV platforms.
Sources
AI-generated from public news sources. Not financial advice.
