Rivian boosts 2026 delivery projections following R2 launch, trims Q2 net loss

Rivian has increased its delivery outlook for 2026, signaling strong anticipated demand for its newly unveiled R2 crossover. This positive forecast comes as the company also reported a reduced net loss of $837 million for the second quarter, demonstrating improved financial performance. The R2's market entry is expected to significantly contribute to Rivian's sales growth in the coming years.