"Rivian now expects to deliver no more than 43,500 electric vehicles by the end of 2025, which would represent a nearly 16% drop from last year's sales. The company announced the new guidance for investors on Thursday alongside production and delivery figures for the third quarter of this year. Rivian saw deliveries jump to 13,201 vehicles, up from 10,661 and 8,640 in the second and first quarters, respectively. The company also built 10,720 EVs in the quarter."
"That's a good recovery from a slow start to the year. But the company has now all but confirmed that this year will see fewer Rivian vehicles delivered than in 2024 and in 2023, when it moved just over 50,000 electric vehicles. Rivian's struggle to grow sales comes at a critical time for the company. It's in the midst of preparing to launch what is supposed to be its most affordable - and most popular - vehicle next year, the R2 SUV."
Rivian expects to deliver no more than 43,500 electric vehicles by the end of 2025, representing a nearly 16% decline from last year's sales. Deliveries rose to 13,201 vehicles in the third quarter after slower starts earlier in the year, and production reached 10,720 units that quarter. The expected 2025 total would be lower than deliveries in both 2024 and 2023, when Rivian moved just over 50,000 EVs. The company is preparing to launch the smaller, more affordable R2 SUV and later the R3 hatchback, investing in expansion of its Normal, Illinois plant and a new Georgia factory. Trade policy changes and tariffs have already prompted downward revisions to delivery targets.
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