Rivian Delivers 8,640 Electric Vehicles in Q1 2025, Confident in Annual Forecast

Rivian delivered 8,640 electric vehicles in the first quarter of 2025, falling short of last year’s figures but aligning with company expectations.

Despite this dip, Rivian remains confident in its annual forecast, anticipating deliveries to fall between 46,000 and 51,000 units for the year. This outlook was further solidified despite challenges faced during the first quarter, including a supply shortage affecting components of its Enduro motor system.

The company’s Chief Financial Officer, Claire McDonough, had previously indicated a reduction in expected customer deliveries for the first quarter, attributing these setbacks to the ongoing supply chain issues that began impacting production in the third quarter of 2024.

Supply Chain Issues and Wildfires Challenge Rivian’s First Quarter Performance

These constraints had led Rivian to deliver a greater number of Tri-Motor R1S vehicles and commercial vans than initially planned in the previous quarter.

Rivian also encountered external challenges, including wildfires in Los Angeles—one of its largest markets—contributing to what the company described as a “challenging demand environment.” Despite these hurdles, there have been signs of recovery; Rivian resolved its supply issues and its R1S model ranked among the top five best-selling EVs in the U.S. last February.

The automaker is also modernizing its manufacturing facility in Normal, Illinois, gearing up for the launch of its R2 model, which is expected to start at around $45,000. This new vehicle is aimed at capturing a new market segment as Rivian seeks to continue its growth trajectory.

Following the release of its Q1 delivery figures, Rivian’s stock dipped by approximately 5%, though it remains over 20% higher than it was a year ago. As anticipation builds, the company is set to announce its financial results for the first quarter on May 6, 2025, offering further insights into its operational health and future prospects.