Wall Street · CNBC Technology
Rivian raises 2026 delivery outlook while Lucid overlooks Wall Street expectations for second quarter
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Electric vehicle makers Rivian Automotive and Lucid Group reported second-quarter delivery results Thursday with mixed results.
Key facts
- Rivian said it now expects to deliver between 65,000 and 70,000 vehicles this year, up from a prior forecast of between 62,000 and 67,000 units
- Rivian also said Thursday it produced 12,613 vehicles and delivered 12,194 units during the second quarter
- Lucid reported producing 4,774 vehicles and delivering 3,953 vehicles during the second quarter
- Rivian raised its 2026 delivery guidance range after seeing stronger-than-expected demand for its electric vehicles during the second quarter, while Lucid missed Wall Street expectations and its new
Summary
Rivian raised its 2026 delivery guidance range after seeing stronger-than-expected demand for its electric vehicles during the second quarter, while Lucid missed Wall Street expectations and its new CEO Silvio Napoli announced a shake-up of the company's leadership team. Rivian said it now expects to deliver between 65,000 and 70,000 vehicles this year, up from a prior forecast of between 62,000 and 67,000 units. Rivian also said Thursday it produced 12,613 vehicles and delivered 12,194 units during the second quarter. Rivian, which will report its second-quarter financial results July 30, said higher deliveries during the second quarter were driven by its electric delivery van and flagship R1 products.