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Rivian's Q1 Sales Fell 36% Amid L.A. Wildfire Fallout

  • Rivian delivered 8,640 vehicles in the first quarter of 2025, marking a 36% decrease compared to the same period last year.
  • The company attributed the lower sales to a challenging demand environment and the impact of wildfires in Los Angeles.
  • Rivian still expects to deliver 46,000-51,000 vehicles in 2025, maintaining its previous guidance.
  • Electric vehicle startup Rivian is set to launch the R2, a compact crossover that will compete with popular vehicles like the Toyota RAV4 and Tesla Model Y.

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