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Rivian reported strong third-quarter 2026 results, with 19,751 vehicles produced and 19,248 delivered—an 85% year-over-year jump in production and a 45% increase in deliveries. The growth is attributed largely to the launch of its more affordable R2 model, and the company reaffirmed its full-year 2026 guidance. The results suggest Rivian's strategic bet on a lower-priced vehicle is paying off as it competes with other EV makers for mainstream buyers.