Rivian Soars Amid Slowing EV Demand… Market Cap Increases by 2 Trillion Won in a Day

Rivian Automotive Inc. (RIVN) closed at $14.80 on the Nasdaq on February 6, up 7.87%. Trading volume was approximately 20.26 million shares, and its market capitalization is estimated at around $18 billion (roughly KRW 24 trillion), representing a one-day increase of about $1.5 billion (roughly KRW 2 trillion).

Rivian recently reported that it produced 10,974 vehicles and delivered 9,745 units in the fourth quarter of 2025, meeting its revised full-year delivery guidance of 42,247 vehicles. Although total deliveries for 2025 were down about 18% year-over-year, the company plans to announce its Q4 2025 results on February 12 and aims to revive demand by launching the more affordable R2 SUV in the first half of 2026.

Rivian, a U.S. electric-vehicle manufacturer listed on Nasdaq in 2021, operates its factory in Normal, Illinois, where it produces the R1T electric pickup, the R1S SUV, and electric delivery vans for clients such as Amazon. While Rivian positions itself as a premium EV brand competing with the likes of Tesla, it is now preparing to enter the mainstream market with its mid-priced R2 model amid reduced tax credits and a slowdown in EV demand.