Rivian said it will deliver fewer electric vehicles this year than originally forecast, the latest sign of the turmoil shifting US trade policy is having on carmakers across the globe.
The California-headquartered company said on Tuesday it expected to deliver between 40,000 and 46,000 EVs in 2025, down from a range of 46,000 to 51,000 that already targeted fewer deliveries than last year.
Rivian builds all of its trucks and vans at its factory in Illinois, but the cells that go in the batteries that power them are imported. The carmaker said it was “not immune” to the impact of the Trump administration’s tariffs and their potential effect on consumer demand.