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Rivian says new R2 SUV was its best-selling vehicle in Q3
Rivian said Thursday its lower-priced R2 SUV led third-quarter sales and raised its 2026 delivery floor to 67,000 vehicles, TechCrunch and The Verge reported.
Rivian said Thursday that its new R2 electric SUV was the company’s best-selling vehicle in the third quarter of 2026, according to TechCrunch and The Verge1,2.
The company did not disclose how many R2s it sold in the quarter1. It raised the floor of its full-year delivery forecast to 67,000 vehicles, from a prior range of 65,000 to 70,000, TechCrunch reported1.
Rivian had already said it built 19,751 vehicles and delivered 19,248 in the third quarter, about 45 percent more deliveries than a year earlier and up from 12,613 built and 12,194 delivered in the second quarter1. The company said a second production shift at its Normal, Illinois, factory drove much of the increase, and that the R2 accounted for much of the quarter-over-quarter gain1.
Rivian reported $2.2 billion in third-quarter revenue and a $913 million net loss, narrower than a $1.2 billion loss in the same period last year1.
The R2 launched in June at a starting price of just under $60,000, with a lower-priced trim listed at $53,990 later this year and versions as low as $44,990 planned for 2027, TechCrunch reported1.
In a shareholder letter, Rivian said the U.S. market had limited high-quality EV choices after the $7,500 federal EV tax credit ended last year, and that the R2 was drawing a broader set of buyers1. TechCrunch noted that some larger automakers have shifted emphasis toward gasoline and hybrid models after that policy change1.
The Verge’s full earnings story could not be read beyond its headline that the R2 is Rivian’s best-selling vehicle2. Independent confirmation of R2 unit mix was not in the readable record1,2.
Sources
How it’s being reported
2 sourcesFirst reported by
The Verge
The R2 SUV is already Rivian’s best-selling vehicle
R2 as best-seller, raised delivery floor, and sales after the federal EV tax credit ended
Rivian said the R2 led Q3 sales, raised 2026 delivery guidance, and posted $2.2 billion in revenue with a $913 million net loss.
Leaves out Volkswagen software details highlighted in The Verge URL slug
Rivian’s R2 is officially its best-selling vehicle
R2 becoming Rivian’s best-selling vehicle in the Q3 earnings report
The Verge said Rivian’s third-quarter report showed the R2 is now its best-selling vehicle as production ramps.
Leaves out Could not be fully read; paywall or truncated page
Where they agree
- Both outlets said Rivian reported that the R2 is its best-selling vehicle after third-quarter 2026 earnings.