Rivian's Production Dips For Next-Gen Models, Volkswagen Infusion Boosts Outlook
Rivian Automotive Inc. (NASDAQ:RIVN) released its second-quarter 2025 production and delivery results on Wednesday, reflecting its continued focus on transitioning to next-generation electric vehicle models.
The company produced 5,979 vehicles between April and June and delivered 10,661 units from its Normal, Illinois, plant. Despite a planned reduction in output to prepare for its 2026 lineup, Rivian reaffirmed its full-year delivery guidance of 40,000 to 46,000 vehicles.
It also posted a second consecutive quarter of gross profit in the first quarter of 2025, signaling a possible shift toward sustained profitability.
Also Read: Microsoft, Rivian, Intel Slash Jobs In June Tech Layoff Spree
A major financial boost came from Volkswagen Group (OTC:VWAGY), which finalized a $1 billion equity investment in Rivian on June 30. Shares were priced at $19.42 apiece, a 33% premium over Rivian’s 30-day average trading price of $14.56. The investment is part of a broader $5.8 billion strategic partnership to advance EV software and platform development.
Rivian’s update comes amid a flurry of strong delivery results across the global EV sector:
- NIO Inc. (NYSE:NIO) reported 72,056 vehicles delivered in Q2 2025, reflecting 25.6% year-over-year growth fueled by its NIO, ONVO, and FIREFLY brands.
- XPeng Inc. (NYSE:XPEV) posted a 224% year-over-year surge in June deliveries, with 197,189 units delivered in the first half of 2025. Already surpassing its full-year 2024 totals, this highlights a sharp acceleration in market traction.
- Li Auto Inc. (NASDAQ:LI) reported a 24.1% year-over-year decline in June deliveries, totaling 36,279 vehicles, pointing to mounting pressure amid shifting consumer dynamics and stronger competition.
- Tesla Inc. (NASDAQ:TSLA) reported 384,122 global deliveries in Q2 2025, including 373,728 Model 3/Y units, alongside 9.6 GWh in energy storage deployment, signaling steady growth in both automotive and energy segments.
Meanwhile, Tesla CEO Elon Musk’s threat to form a new political party in response to President Donald Trump’s proposed spending bill sparked viral support on the Chinese social media platform Weibo, where users praised his anti-establishment stance. The unexpected international backing highlights Musk’s growing political influence beyond the U.S. as tensions rise over federal spending and EV-related subsidies.
Rivian plans to release its full second-quarter financial results on August 6, 2025, after the market closes.
Related ETFs include Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) and iShares Self-Driving EV and Tech ETF (NYSE:IDRV).
Price Action: RIVN shares are trading lower by 3.38% to $13.02 at Wednesday’s last check.
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