EVWire brief: Rivian delivered 10,661 vehicles in the second quarter of 2025, a 22.6% drop versus the same period last year, while production totalled 5,979 units. The company stays with its full-year delivery outlook of 40,000 – 46,000 vehicles (they estimated 46k-51k for the year after Q1).
Q2 Production | Change vs Q2 2024 | Deliveries | Change vs Q2 2024 |
|---|---|---|---|
5,979 | -37.8% | 10,661 | -22.6% |
As for the first half of 2025, Rivian has produced a total of 20,590 vehicles and delivered 19251 vehicles.
To compare this and the guidance, for the full-year of 2024, Rivian produced 49,476 vehicles and delivered 51,579. So yes, Rivian expects to produce and sell less vehicles than it did last year.
The delivery tally here covers R1T pickups, R1S SUVs, and EDV vans built at Rivian’s Normal, Illinois, plant.
Production lagged deliveries by 4,682 vehicles, reflecting the planned line slowdown before the launch of refreshed 2026-model R1T and R1S variants this month.
Q2 financial results will be posted after markets close on 5 August 2025.
Judging how the stock market reacted, the results were lower than expected ($RIVN -4.27% as I write this):
Following its second quarter of gross profit in Q1 2025, on June 30th, Rivian received a $1 billion equity investment from Volkswagen Group at an effective price of $19.42 which represents a 33% premium to the $14.56 30-trading day volume-weighted average stock price. The investment is part of the $5.8 billion agreement associated with the Rivian and Volkswagen Group technology joint venture.
Source: Rivian investor relations
