Rivian vs Nio: Which EV Stock is Better Positioned for the Future?

Rivian and Nio are two key contenders in the electric vehicle market. Rivian is transforming from a premium EV player to a mass-market contender, with a targeted starting price for its R2 vehicle at $45,000 and expected to become gross-profit-positive by the end of 2026. Nio is operating at a larger scale, delivering 326,028 vehicles in 2025 and aiming to grow deliveries by 40% to 50% in 2026. Both companies are expanding their presence in the Chinese market and internationally. Rivian's software-defined vehicle architecture and joint venture with Volkswagen are significant advantages, while Nio's broader EV ecosystem and growing scale are also strengths.