Rivian's Trading Volume Surges to $363 Million, Ranked 270th Despite Stock Price Decline

On June 13, 2025, Rivian Automotive (RIVN) experienced a significant increase in trading volume, reaching $363 million, marking a 75.01% rise from the previous day. This surge placed Rivian at the 270th position in terms of trading volume for the day. However, the stock price declined by 3.52%, marking the third consecutive day of losses, with a total decrease of 6.81% over the past three days.

Rivian has introduced a $5,000 summer discount on its Tri-Motor R1S and R1T models. This promotional offer is aimed at boosting sales during the summer season and attracting more customers to its electric vehicle lineup. The discount applies to both the R1S SUV and the R1T pickup truck, which are known for their advanced features and performance capabilities.

In a significant development, Rivian has struck a $5 billion deal with Volkswagen to collaborate on the development of shared software for future electric vehicles. This partnership brings together Rivian's innovative approach and Volkswagen's extensive experience in the automotive industry, aiming to create a more integrated and efficient software platform for EVs. The collaboration is expected to enhance the capabilities of both companies' electric vehicles and accelerate the adoption of electric mobility.