Gross sales of Rivian Automotive Inc. fell consecutively for 4 months within the U.S. as the electrical automaker gears as much as launch the awaited R2 Crossover SUV.
Rivian gross sales fell throughout the first quarter by over 26.5% YoY as the corporate offered 8,141 autos in Q1 2026 in comparison with the 11,070 items it delivered final 12 months, in keeping with a report by Electrical Autos on Wednesday. Throughout March, Rivian offered 2,925 items, an virtually 1000 unit decline from the three,910 items it offered in March 2025.
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Rivian offered over 2,516 items in January and over 2,700 autos in February, with the report saying that the EV maker’s gross sales dropped to a brand new three-year low. The gross sales decline started in December final 12 months.
The information comes as Rivian’s R2 Crossover SUV goals to supply a gross sales increase to the corporate. Rivian at the moment presents the R1S and R1T in its lineup, that are premium autos priced above $70,000.
In keeping with Rivian’s steering for 2026 deliveries, the automaker expects wherever from 62,000 to 67,000 complete autos. Out of that determine, the corporate expects to promote 20,000 to 25,000 R2 autos. The R2’s Customary Trim, which is able to arrive subsequent 12 months, will command a value of $48,490.
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The corporate additionally signed a $1.25 billion cope with Uber Applied sciences Inc., which is able to see the ride-hailing platform put money into the automaker via 2031, aiming to deploy a number of thousand R2 Robotaxis throughout a number of cities by 2031.
The automaker additionally unveiled its Common Fingers Free assisted driving system, which, the corporate says, can drive on over 3.5 million miles of roads throughout the U.S. and Canada the place lanes are clearly marked.
Rivian will tackle Tesla Inc.‘s Full Self-Driving (FSD) system with its personal LiDAR and camera-based method to autonomous driving, sharing that the R2 can be fitted with LiDAR tech.
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Picture courtesy: Michael Berlfein by way of Shutterstock
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