Rivian Automotive, Inc. (NASDAQ: RIVN) has released its production and delivery figures for the second quarter ending June 30, 2025. The company produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period. It's worth noting that production was limited during the quarter in preparation for the launch of model year 2026 vehicles expected later in the month.
These figures are in line with Rivian's outlook, and the company has reaffirmed its 2025 delivery guidance range of 40,000 to 46,000 vehicles. This indicates a positive trajectory for their production and delivery numbers.
Furthermore, Rivian received a significant boost with a $1 billion equity investment from Volkswagen Group at an effective price of $19.42 per share. This represents a 33% premium to the 30-trading day volume-weighted average stock price of $14.56. This investment is part of a larger $5.8 billion agreement associated with the Rivian and Volkswagen Group technology joint venture.
Looking ahead, Rivian has announced that it will release its second quarter 2025 financial results after market close on August 5, 2025. The company will host an audio webcast at 5:00 p.m. ET on the same day to discuss its performance and outlook for the business. This information will be available via a live webcast and a replay will be accessible for four weeks following the webcast.
These figures and investments represent a significant development for Rivian as it continues to make strides in the automotive industry. As a result of these announcements, the company's shares have moved -3.45% on the market, and are now trading at a price of $13.005. For the full picture, make sure to review Rivian Automotive's 8-K report.