Rivian Projects 2026 Deliveries Between $67k-$70k and Targets Positive Automotive Gross Profit
Rivian Automotive (RIVN) has provided updated guidance regarding its long-term production and profitability goals. The company anticipates delivering between 67,000 and 70,000 vehicles in 2026, while simultaneously working toward achieving a positive automotive gross profit exit rate. During the Q3 earnings call, CEO Robert Scaringe highlighted record production volumes at the Normal facility. This growth is being driven by the manufacturing ramp-up of the new R2 platform, which has significantly contributed to recent delivery gains.
Tickers: $RIVN
Topics: earnings call manufacturing ramp-up production volume vehicle deliveries
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