Electric vehicle maker Rivian, backed by Amazon, delivered a record-high 19,248 vehicles in the third quarter, above analysts’ consensus forecast of 18,001 according to Visible Alpha.
Production amounted to 19,751 vehicles at the plant in Normal, Illinois. The development was supported by the rollout of the cheaper R2 SUV, deliveries of which began in June and which targets a broader market than the company’s premium models.
Rivian reiterates its forecast for deliveries of 65,000–70,000 vehicles in 2026. Analysts expect an average of 66,685 vehicles.
The company will report its third-quarter results on October 29.
