Rivian Looks to R2 for Growth as R1T, R1S Stay Flat

Rivian expects its R1T pickup, R1S SUV and delivery van to hold flat on deliveries in 2026, with growth coming from the new R2. It told investors to expect more than 25,000 R2s in the first production year. CEO RJ Scaringe said R2 moves Rivian from low-volume to full-scale manufacturing.