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On July 2, Rivian raised its 2026 electric vehicle delivery outlook to a range of 65,000 to 70,000 units. The company delivered 12,194 vehicles in Q2, exceeding its previous guidance of 9,000 to 11,000 units. Rivian produced a total of 12,613 vehicles at its Normal, Illinois facility during the quarter ending June 30, 2026. On July 5, the company launched the R2 model, targeting the $50K midsize SUV segment.