Rivian (RIVN) Gets $1 Billion Boost from Volkswagen as It Reaffirms EV Delivery Guidance

Rivian Automotive Inc. (NASDAQ:RIVN) is one of the 10 best sustainability stocks to buy now. The company is an American automotive manufacturer that develops and builds electric vehicles (EVs) and related accessories.

The company’s Normal, Illinois factory is powered in part by renewable energy, and Rivian aims for net-zero carbon emissions across its operations by 2040. Its Rivian Adventure Network of fast-charging stations is designed to be powered entirely by renewable energy, reinforcing its commitment to a sustainable transportation ecosystem.

Rivian (RIVN) Gets $1 Billion Boost from Volkswagen as It Reaffirms EV Delivery Guidance

A worker assembling parts in an automotive factory for an autonomous vehicle.

Rivian Automotive reached a key financial milestone on June 30, 2025, with a $1 billion equity investment from Volkswagen Group, marking the first step in their planned $5.8 billion technology joint venture. As part of the JV announced on June 25, they are looking to create next-generation software-defined vehicle (SDV) platforms to be used in their future EV models. The funding provides Rivian with additional capital to support long-term growth and product development.

On July 2, Rivian also reported second-quarter 2025 production and delivery numbers. The company produced 5,979 vehicles and delivered 10,661 units (-23% year-over-year), which were broadly in line with expectations. Despite ongoing industry challenges, the management also reaffirmed its full-year delivery guidance of 40,000 to 46,000 vehicles.

While we acknowledge the potential of RIVN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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