R2 Rolls Off the Line as Rivian Posts Q1 2026 With $1B VW Cash and a Bigger Georgia Plant

R2 Glacier White Dog

R2 saleable production officially started last week in Normal, the Georgia plant got a 50% capacity bump to 300,000 units annually, and the $1 billion Volkswagen equity investment tied to RV Tech winter testing milestones hit Rivian today. Q1 revenue came in at $1.38 billion with deliveries up 20% year over year to 10,365.

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Rivian and Caruso Expand Partnership with 150 Plus Fast Chargers and Two New Showrooms in Southern California

Caruso Signature

Rivian is going bigger on its Caruso partnership, adding more than 150 DC fast chargers across Southern California along with two new showrooms opening in 2026. The chargers will be part of the Adventure Network, open to all EVs, and rolling out over the next year at properties like The Grove, Americana, Calabasas, and beyond.

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RJ Scaringe Didn’t Actually Make $403 Million in 2025

Rivian CEO RJ Scaringe

RJ Scaringe’s headline $403 million pay package isn’t actually money in his pocket. Most of it is grant-date fair value on stock options that only pay out if Rivian’s stock more than doubles, the company hits real profitability targets, and he stays CEO long enough to see it through. The cash he actually took home in 2025 looks more like $25 million, and most of that came from selling existing shares back to the Also spinout.​​​​​​​​​​​​​​​​

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R2 Launch Edition Paint Options, Borealis Skipped and Forest Green Coming Later

R2 Borealis

Rivian confirmed today that Borealis won't be available on the R2 Launch Edition and will instead show up later on the R2 Performance trim. Forest Green is still coming to Launch Edition later this year, Coastal Cloud Signature might join the list too, and Esker Silver will be the only no-cost color on R2.

Read moreR2 Launch Edition Paint Options, Borealis Skipped and Forest Green Coming Later