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Rivian raises EV sales forecast as Q2 production ramps up
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.
AI Summary
Rivian told investors it expects a stronger sales year than previously projected. The company had earlier forecast shipping 62,000 to 67,000 vehicles in 2026. It now raises that range to 65,000 to 70,000 deliveries. Rivian notes that the electric‑vehicle market faces significant headwinds in the United States, yet it believes production ramp‑up will offset those challenges. The updated outlook reflects the company’s confidence in its growing production capacity.
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