Rivian Could Truly Race Ahead: Will New Factories & R2 Launch Spark Explosive Growth? 

Rivian Automotive’s recent Q2 2025 earnings shed light on several critical developments and ongoing challenges for the company. On the positive side, Rivian has made significant progress with its R2 vehicle and autonomy technology. The development of R2, which is integral to Rivian’s strategy of delivering millions of vehicles per year, is advancing well. The company has completed design validation builds, leveraging early development assets and new vehicles, resulting in a streamlined supply chain and reduced production costs compared to the R1 models. Rivian’s emphasis on manufacturing efficiency is underscored by their completion of a new facility in Normal, Illinois, set to support R2 production.