Rivian Just Teamed Up with Volkswagen—Can This Partnership Be a Billion-Dollar Power Move?

Rivian Automotive reported its Q1 2025 results with several key financial and strategic developments. On the financial front, Rivian achieved a notable milestone by delivering its second consecutive quarter of positive gross profit, recording $206 million, a result that secured a $1 billion investment from the Volkswagen Group. This investment is expected to further support Rivian’s operational and strategic goals. The company’s revenue in the automotive segment reached $922 million, driven by the production of 14,611 vehicles and the delivery of 8,640, despite a quarter-over-quarter decrease in deliveries due to seasonally atypical delivery schedules in the previous quarter.