US EditionRivian, Lucid warn of bumpy road ahead as policy changes hurt
UNITED STATES, AUG 6 – Rivian's second-quarter loss widened due to supply chain disruptions and a 22% drop in vehicle deliveries, with adjusted losses exceeding analyst forecasts, company data showed.
- On Tuesday, Rivian disclosed a quarterly loss that exceeded analyst expectations, largely due to increased expenses and a decline in income from regulatory credits in the U.S.
- This loss partly stemmed from the Trump administration eliminating fuel economy penalties, which sharply lowered demand for regulatory credits previously sold by Rivian.
- Rivian's second-quarter deliveries fell 22% to 10,661 vehicles, while revenue of $1.3 billion surpassed estimates as supply chain issues raised production costs.
- CEO RJ Scaringe explained that the significant drop in production was mainly due to disruptions in their supply chain caused by recent policy changes, which in turn contributed to increased costs.
- Rivian lowered its 2025 delivery guidance and plans to halt manufacturing for a three-week period in September to incorporate important updates and get ready for the 2026 model year and the introduction of the R2 SUV next year.
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11 Articles
Rivian, Lucid warn of bumpy road ahead as policy changes hurt
Rivian and Lucid posted disappointing quarterly earnings on Tuesday and provided a grim outlook for the year as the electric vehicle makers take a hit from policy shifts and trade tensions that have disrupted the industry.
Rivian Sees Wider Loss After Trump Tax Bill Hits Mileage Credits
Rivian Automotive Inc. forecast a larger adjusted loss this year than the electric vehicle maker expected previously, citing recent changes to stringent fuel economy rules in the US that threaten a key source of revenue.
Rivian Q2 report shows lower tax credits and new tariffs are starting to bite
Rivian just presented its less-than-stellar report card for the second quarter of 2025. The company delivered a cocktail of mixed results, revealing slower vehicle deliveries, a deeper financial loss than anticipated, and a challenging road ahead shaped by new government policies. The news sent Rivian's stock sliding over 4% in after-hours trading to around $12.15 per share, as investors compared the company's ambitious future against its very r…
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