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Rivian reported a sharp jump in quarterly deliveries, with output rising roughly 45% from a year earlier to more than 19,000 electric vehicles. The performance suggests the company is gaining operational traction ahead of the planned launch of its lower-cost R2 platform, which investors see as central to its next phase of growth.
Rivian Automotive said it has identified a battery-pack fastening issue affecting roughly 14 R2 vehicles and has already corrected the problem on the assembly line. The company said the defect was tied to improperly tightened battery packs, a quality-control lapse that appears limited in scope but underscores the scrutiny facing EV manufacturers as they scale production.
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