Rivian raises EV sales forecast as Q2 production ramps up

Rivian raised its 2025 delivery forecast to 65,000-70,000 vehicles, up from 62,000-67,000. The company built 12,613 vehicles and delivered 12,194 in Q2, exceeding its own expectations. The R2 SUV, starting around $58,000, began deliveries last month and contributed to the growth.