It's rough out there for the pure EV companies, but despite all the challenges, Rivian says its on target for a historic year. Ahead of the launch of the company's more affordable R2 electric SUV, Rivian released its sales and production report for the first quarter of 2026. And the numbers were surprisingly good.
Rivian sold 10,365 vehicles in the first three months of the year, a 20 percent increase year over year. And it produced 10,236 vehicles at its factory in Normal, Illinois, which represents a 30 percent increase compared to the same period last year. The company also reaffirmed its prediction that it will sell 62,000-67,000 vehic …