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Rivian Automotive (RIVN) investor relations material

Rivian Automotive Barclays 16th Annual Global Automotive and Mobility Tech Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Barclays 16th Annual Global Automotive and Mobility Tech Conference summary19 Nov, 2025

Autonomy and AI Day preview

  • Upcoming event on December 11 will showcase advancements in autonomy and AI, including hardware and software roadmaps, and highlight rapid progress via over-the-air updates.

  • The event will detail the transition from first-generation autonomous programs to a fully in-house camera and sensor suite, accelerating improvement in autonomous features.

  • Attendees will learn about near-term feature development milestones and the advantages of vertical integration in hardware and software.

Financial performance and profitability trajectory

  • Achieved best-ever gross profit per unit in Q3, with R1 and commercial vans now variable margin positive due to cost renegotiations and technology improvements.

  • R2 program expected to have roughly half the material cost of R1, with high visibility into cost structure from supplier contracts and process engineering.

  • Initial R2 production ramp will face overhead inefficiencies, but profitability is expected to improve rapidly as volume increases and additional shifts are added.

  • Installed capacity for R2 is 155,000 units across three shifts, with a ramp from one shift in early 2026 to a third shift in 2027.

Cost management and regulatory environment

  • Focus on reducing material costs to offer a base R2 price around $45,000, below the US average new vehicle price.

  • Recent policy changes have reduced tariffs on automotive parts, benefiting vertically integrated manufacturers and lowering per-vehicle tariff costs.

  • Battery cell supply for R2 will be localized, minimizing future tariff exposure.

  • Regulatory credits are not factored into forecasts due to policy uncertainty, but new state incentives could provide future upside.

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Next Rivian Automotive earnings date

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Q4 202519 Feb, 2026
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Frequently asked questions

EVs Built for Adventure

Rivian is an American electric vehicle manufacturer and clean energy company founded in 2009. The company, headquartered in Plymouth, Michigan, is known for designing and producing all-electric vehicles including a pickup truck and an SUV. Beyond consumer vehicles, Rivian also develops electric delivery vans, showcasing a commitment to sustainable fleet solutions. The company is one of the younger American car manufacturers and places a large emphasis on making sustainable vehicles that are designed and marketed as a component of an active and adventurous lifestyle.

Foundation and Growth

Rivian, an electric vehicle manufacturer, was founded by RJ Scaringe in 2009. Initially operating far away from public eyes developing its first vehicles, the company entered the spotlight in 2018 with the unveiling of its R1T pickup and R1S SUV. Today, backed by investors such as Amazon and Ford and after going public in 2021, has transitioned into vehicle production and delivery.

Catering to Adventurous Consumers

Rivian markets itself to a segment of consumers who are not only environmentally conscious but also adventurous and outdoorsy. This includes individuals and families who want a vehicle with sustainable technology and zero emissions but do not wish to compromise on performance, capability, or comfort. Additionally, Rivian's vehicles are designed to meet the needs of those who use their vehicles as a part of an active lifestyle. The aesthetic and performance of their models, coupled with features like flexible cargo spaces and off-road capabilities, aim to attract consumers seeking a blend of adventure and environmentally friendly transportation in their choice of vehicle.

For Commercial Customers

Even if Rivian has garnered the bulk of their public attention from its offering of EVs for private individuals, they also cater to businesses. Rivian's fleet offerings revolve around their electric delivery vans, designed in collaboration with Amazon. The vans are equipped with advanced safety and autonomous features and can cover approximately 150 miles per charge, making them a viable option for local and last-mile delivery needs.

Additionally, their spacious interiors facilitate easy cargo loading and unloading. Beyond just the vehicles, Rivian offers a comprehensive fleet management solution. This includes predictive maintenance, optimized routing, real-time tracking, and more, helping businesses streamline their operations and maximize efficiency. The company has also developed a robust charging infrastructure that includes home, public, and fast-charging options, providing versatile solutions for businesses integrating electric vehicles into their fleets.

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