New Delhi, July 3 -- NORMAL, Illinois - Without the $7,500 federal electric vehicle tax credit that expired last year, Rivian delivered more vehicles in the second quarter of 2026 than in any quarter in its history.

The company reported 12,194 deliveries between April and June, beating its own guidance of 9,000 to 11,000 units and surpassing the 10,018 it delivered in the same period a year earlier. Production came in at 12,613 vehicles. Rivian raised its full-year 2026 delivery target to 65,000 to 70,000 vehicles, up from 62,000 to 67,000, putting it on course for a 55 percent increase over the 42,247 vehicles it delivered across all of 2025.

The quarter's headline is what drives it. Rivian began delivering its R2 electric SUV in June,...