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Rivian Hits Record 19,248 Deliveries in Q3 2026

By Drooid · Oct 2, 2026, 6:07 PM UTC · How we work

Summary

Rivian Sets Delivery Record

Rivian delivered 19,248 vehicles in Q3 2026, its highest quarterly total.
Production at the Normal, Illinois plant reached 19,751 units during the same quarter.
Deliveries rose 46% year-over-year and 58% versus Q2, reinforcing the 65,000-70,000 full-year guidance.
Rivian must achieve roughly 23,200-28,200 deliveries in Q4 2026 to meet that guidance.
The R2 Performance model, sold exclusively, drove growth despite a lower average sale price than the R1.

Summary

Rivian Secures Uber Deal

Rivian signed a long-term partnership with Uber, securing up to $1.25 billion and robotaxi rollout from 2028.
Shares fell more than 2% in early trading despite record deliveries, reflecting guidance concerns.
Analysts expect Rivian to deliver 66,685 vehicles in 2026, slightly below guidance.
Claire McDonough will leave the CFO post on October 30, 2026, due to family relocation.

History

Historical Context

After securing a $465 million DOE loan in January 2010 and buying the former NUMMI plant, Tesla began Model S production in June 2012, delivering 2,650 sedans that year. Elon Musk’s strategy of launching a premium, low-volume EV proved viable, paving the way for later capacity expansions such as the Shanghai Gigafactory and the 2020-2022 Model Y rollout.

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Rivian Sets Delivery Record

Rivian delivered 19,248 vehicles in Q3 2026, its highest quarterly total.
Production at the Normal, Illinois plant reached 19,751 units during the same quarter.
Deliveries rose 46% year-over-year and 58% versus Q2, reinforcing the 65,000-70,000 full-year guidance.
Rivian must achieve roughly 23,200-28,200 deliveries in Q4 2026 to meet that guidance.
The R2 Performance model, sold exclusively, drove growth despite a lower average sale price than the R1.

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