Overview
- Rivian targets a first‑half 2026 debut for the R2 midsize SUV at about $45,000 to broaden its U.S. market reach.
- In 2025 Rivian produced 42,284 vehicles and delivered 42,247, posted $24 million in consolidated gross profit in Q3, and reported $7.1 billion in cash.
- A Volkswagen joint venture is expected to provide roughly $2.5 billion in funding as Rivian licenses its software‑defined vehicle architecture.
- Nio delivered 326,028 vehicles in 2025 and recorded 27,182 deliveries in January 2026, up 96.1% year over year.
- Nio targets 456,000 to 489,000 deliveries in 2026 and is building a three‑brand lineup plus a 2,300‑plus station battery‑swap network to grow battery‑as‑a‑service revenue.