Rivian Q1 Deliveries Decline Y/Y Amid Weaker Demand for EV

Rivian Automotive, Inc. (RIVN) manufactured 14,611 vehicles in the first quarter of 2025 at its Normal, IL, plant, up from 13,980 units produced in the corresponding quarter of 2024. However, its deliveries dropped to 8,640 vehicles from 13,588 in the same period last year. The reported production and delivery figures align with Rivian's forecast of producing about 14,000 vehicles and delivering around 8,000. It delivered 51,579 vehicles in 2024.Per Claire McDonough, CFO of Rivian, the deliveries are expect ...