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flag Rivian's Q1 deliveries dropped 26.5% as it plans affordable R2 launches and a $1.25B Uber deal.

flag Rivian reported a fourth consecutive month of declining U.S. sales in early 2026, with first-quarter deliveries down 26.5% to 8,141 vehicles. flag Despite the sales dip, the company projects 2026 deliveries between 62,000 and 67,000 units, supported by the upcoming launch of its more affordable R2 crossover priced at $48,490. flag Rivian also announced a $1.25 billion investment deal with Uber to deploy thousands of R2 robotaxis by 2031.

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