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The R2 SUV is already Rivian’s best-selling vehicle

Rivian’s new R2 SUV was its best-selling vehicle in the third quarter, the company said Thursday, marking an auspicious start for the all-important EV.

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The Core Event

While Rivian didn’t say exactly how many R2s it sold over the three-month period, the company is confident enough in the pace of sales that it raised its delivery guidance for Wall Street.

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Key Facts

Rivian’s new R2 SUV was its best-selling vehicle in the third quarter, the company said Thursday, marking an auspicious start for the all-important EV.

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Context & Significance

While Rivian didn’t say exactly how many R2s it sold over the three-month period, the company is confident enough in the pace of sales that it raised its delivery guidance for Wall Street.

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Outlook

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