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Markets · Investing · Business
Finance
Rivian's R2 Production Ramp Is the Whole Thesis Now. Here's The Math Behind the Numbers.
R2 deliveries have started, but Rivian still needs a much steeper production ramp to prove the economics work.
Rivian Automotive(NASDAQ: RIVN) has some big goals. It delivered 22,559 electric vehicles in the first half of 2026. To reach its full-year target, it must deliver another 42,400 to 47,400 vehicles in the second half.
This would require about 88% to 110% more deliveries than in the first half. Management also expects vehicle deliveries to be weighted toward the fourth quarter as R2 production ramps.
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