Rivian Delivers Over 10,000 Vehicles in Q2, Reaffirms 2025 Delivery Outlook

Rivian produced 5,979 vehicles and delivered 10,661 in the second quarter of 2025, the company reported Tuesday. The company also reaffirmed its full-year delivery guidance of 40,000 to 46,000 units. 

The EV maker received the first $1 billion installment of a $5.8 billion investment deal with Volkswagen Group as well, which is aimed at launching a new technology joint venture.

Q2 deliveries hold steady as production shifts to new model year

Rivian’s Q2 delivery figure of 10,661 vehicles is consistent with its expectations and follows a strong first quarter, where the company recorded its second consecutive quarter of gross profit. 

Rivian’s vehicle production was scaled back to 5,979 vehicles during the first quarter to accommodate a transition toward the company’s 2026 model-year units, which are expected to launch later this July. The company remains confident in hitting its 2025 delivery target of 40,000 to 46,000 vehicles.

“Production and delivery results for the quarter are in line with Rivian’s outlook. Rivian is also reaffirming its 2025 delivery guidance range of 40,000 to 46,000 vehicles,” the company wrote in a press release.

Volkswagen investment takes effect, financial results set for August

The $1 billion investment from Volkswagen Group closed on June 30, with shares priced at $19.42. This represents a 33% premium over Rivian’s $14.56 per share 30-day average share price. 

This equity infusion marks the first phase of a $5.8 billion partnership between the two automakers, focused on joint development of EV platforms and software. Rivian will report its Q2 2025 financial results on August 5 and will hold an investor webcast at 5:00 p.m. ET the same day.

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