Volkswagen just raised its Rivian stake to 15.9% after another round of share purchases tied to the joint venture's milestone-based structure, putting VW closer than ever to being one of Rivian's most influential outside stakeholders.
Rivian confirmed today that the Cargo Crossbars sold for R1 will not be interchangeable with R2, which is a tough pill for anyone planning to own both trucks given the $700 to $800 price tag on the existing accessory.
Welcome to The Sunday Drive, a new weekly recap rounding up everything from the week in one spot. This first one covers R2 saleable production starting, Q1 2026 earnings, a Georgia plant capacity bump, $1B from VW, and a handful of smaller stories.
The Rivian R2 is meaningfully smaller than the R1S, but the numbers tell a more interesting story than just a shrunken sibling. The R2 is 15 inches shorter, 10 inches lower, and rolls on a tighter wheelbase, yet somehow has more rear legroom than the R1S. Here's the full side-by-side breakdown, including where the R1S still wins.
Rivian's Georgia plant just got a real revision. Phase one capacity is going from 200,000 vehicles a year to 300,000, a 50% jump. The DOE loan also got smaller, from up to $6.6 billion down to up to $4.5 billion. Production is still on track for late 2028, and Rivian now expects to start drawing on the loan by early 2027.
