Rivian narrows outlook for full-year electric vehicle deliveries
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Rivian narrows outlook for full-year electric vehicle deliveries
"Rivian Automotive Inc. narrowed its annual delivery guidance toward the lower end of its prior range, the latest pullback as the electric-vehicle maker grapples with the loss of consumer incentives in the US. The company will deliver 41,500 to 43,500 vehicles this year, according to a statement Thursday, compared with a prior forecast of as many as 46,000. The new midpoint is down 500 vehicles, falling slightly below the 42,730 average of analyst estimates compiled by Bloomberg."
"Rivian cut its forecast in May from as many as 51,000 deliveries this year. Shares of Rivian fell 2.8% in premarket trading to $14.20 as of 8:46 a.m. in New York. The stock closed Wednesday up about 10% this year. More stories like this are available on bloomberg.com 2025 Bloomberg L.P. Originally Published: October 2, 2025 at 9:45 AM PDT"
Rivian narrowed its 2025 annual delivery guidance to 41,500–43,500 vehicles, reducing the top of its prior range. The new midpoint is down 500 vehicles and falls slightly below the 42,730 average of analyst estimates compiled by Bloomberg. The company previously cut its forecast in May from as many as 51,000 deliveries. The guidance reduction reflects pressure from the loss of U.S. consumer incentives for electric vehicles. Rivian shares fell 2.8% in premarket trading to $14.20 at 8:46 a.m. in New York. The stock had closed the previous session up about 10% year-to-date.
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