Rivian Automotive, Inc. develops and manufactures electric vehicles and related automotive technologies for consumer and commercial customers. The company’s news centers on U.S. vehicle production, delivery updates, financial results, manufacturing capacity plans, and product information for models such as the R2 mid-size electric SUV.
Recurring developments also include Rivian’s vertically integrated electrical architecture, software, autonomous driving platform, artificial intelligence, and propulsion systems. Company updates cover activity at its Normal, Illinois manufacturing facility, plans for its Georgia manufacturing footprint, battery and energy-storage partnerships, managed-charging collaborations, and investor-conference communications.
Rivian (RIVN) plans to participate in a fireside chat at the Evercore ADAS, AV & AI Forum on Tuesday, September 29, at 2:40 p.m. ET.
The session will feature Rivian’s SVP, Autonomy & AI, James Philbin, and Vice President, Investor Relations, Chip Newcom, and will be accessible via a live webcast.
Rivian (RIVN)/b) announced participation in two upcoming investor conferences in September. On Tuesday, September 8, leaders including James Philbin, SVP Autonomy & AI, and Vidya Rajagopalan, SVP Electrical Hardware, will join a fireside chat at the Goldman Sachs Communacopia + Technology Conference at 5:25pm ET, alongside Vice President of Investor Relations Chip Newcom. A live webcast is planned. On Tuesday, September 15, Founder and CEO RJ Scaringe will join a fireside chat at the Morgan Stanley 14th Annual Laguna Conference at 4:50pm ET, which will also be webcast.
Rivian (NASDAQ: RIVN) announced that Chief Financial Officer Claire McDonough will step down on October 30, 2026 after nearly six years with the company to pursue a new opportunity and relocate to the East Coast. She will remain in her role for two months to support a seamless transition, working closely with CEO RJ Scaringe and the executive team.
Rivian has begun a comprehensive search for a permanent CFO, considering internal and external candidates. Derek Mulvey, currently Vice President of Finance and a key contributor to financial planning, partnerships, capital allocation and investor relations since 2021, is expected to be appointed Interim CFO upon McDonough’s departure. The company highlighted McDonough’s role in Rivian’s $13.7 billion IPO, cost-reduction initiatives and strategic partnerships, and said its leadership bench will support Mulvey to maintain execution on key initiatives.
Rivian (NASDAQ: RIVN) reported second quarter 2026 revenue of $1.658 billion, up 27% year over year, on 12,613 vehicles produced and 12,194 delivered. Consolidated gross profit reached $179 million, versus a loss a year ago, while automotive gross loss narrowed to $(36) million. Software and services revenue rose to $515 million with a 42% margin, including $308 million from the Volkswagen joint venture.
Rivian began external R2 deliveries on June 9 and now has over 40,000 Amazon electric delivery vans in service. Net loss attributable to common stockholders was $(837) million and adjusted EBITDA was $(379) million. The company ended the quarter with $5.310 billion in cash, cash equivalents and short-term investments and completed a $1.3 billion follow-on equity offering in July. 2026 guidance now targets 65,000–70,000 deliveries, adjusted EBITDA of $(2.0)–$(1.8) billion, and capital expenditures of $1.70–$1.80 billion.
Rivian Automotive (Nasdaq:RIVN) priced an underwritten public offering of 75,000,000 shares of common stock at $15.50 per share, targeting approximately $1.2 billion in gross proceeds.
Underwriters have a 30-day option for up to 11,250,000 additional shares. Closing is expected on July 9, 2026. Net proceeds will fund general corporate purposes, including equity contributions related to a DOE loan.
Rivian (Nasdaq:RIVN) launched an underwritten public offering of 75,000,000 common shares, all sold by the company. Underwriters are expected to receive a 30-day option for up to 11,250,000 additional shares at the public offering price, less fees.
Rivian plans to use net proceeds for general corporate purposes, including equity contributions tied to its DOE Loan. The deal is made under an effective Form S-3 shelf and is subject to market conditions.
Rivian (NASDAQ:RIVN) reported Q2 2026 production of 12,613 vehicles and deliveries of 12,194 vehicles from its Normal, Illinois plant. Deliveries exceeded prior guidance of 9,000–11,000. Based on this performance, Rivian raised its full-year 2026 delivery outlook from 62,000–67,000 to 65,000–70,000 vehicles. Q2 2026 financial results will be released on July 30, 2026 after market close, followed by a 5:00 p.m. ET webcast for investors.
Rivian (NASDAQ:RIVN) began first public customer deliveries of its all-new R2 mid-size electric SUV and opened ordering invitations for existing reservation holders. R2 is built on a new platform at Rivian’s Normal, Illinois plant, targeting a broader, more affordable EV market.
Initial deliveries focus on the R2 Performance with Launch Package, starting at $57,990 and offering up to 330 miles of EPA-estimated range, 0–60 mph in 3.6 seconds, dual-motor AWD, and a tow rating of 4,400 lbs.
Rivian (NASDAQ:RIVN) announced that Chief Financial Officer Claire McDonough will participate in two upcoming investor conferences in June 2026.
She will join fireside chats at the Baird 2026 Global Consumer, Technology & Services Conference on June 2 and the UBS 2026 Auto and Auto Tech Conference on June 3, with live webcasts available.
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