Rivian Working on Vans for Walmart? Investors Could Get Their Answer Thursday

Key takeaways

• Rivian’s Q2 earnings will reveal whether a Walmart partnership is underway, a development that could significantly boost its revenue and solidify its position in the electric delivery van market.
• Rivian sold 8,469 delivery vans in Q3, a 220.9%
  YoY

  Year over year — compared with the same period last year.

  increase
• 15,685 delivery vans sold year‑to‑date, up 130.4%
  YoY

  Year over year — compared with the same period last year.

• Amazon deal: 100,000 vans, 50,000 delivered

What happened

Rivian Automotive Inc. (NASDAQ: RIVN) is expected to reveal whether it has secured a new partnership with Walmart Inc. (NASDAQ: WMT) for electric delivery vans during its Q2 earnings release on Thursday. The company’s quarterly report will follow the market close and could confirm the rumored collaboration hinted at by a social‑media image of a Rivian van bearing Walmart+ logos. Rivian has previously supplied 100,000 delivery vans to Amazon.com Inc. (NASDAQ: AMZN), with about 50,000 delivered,…

Why it matters

The announcement could signal a significant new revenue stream for Rivian, potentially boosting its already strong van sales momentum. In Q3, Rivian sold 8,469 delivery vans, a 220.9% year‑over‑year increase, and 15,685 units year‑to‑date, up 130.4% from the previous year, placing it far ahead of competitors like…

Short-term and longer-term

Short-term. Over the next few days, watch Rivian’s stock for a reaction to the earnings announcement.

Longer-term. For the coming months, a Walmart partnership could strengthen Rivian’s long‑term growth prospects by diversifying its customer base and increasing production scale.