Rivian cuts delivery guidance because of Trump’s tariffs and trade wars

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TechCrunch 15h ago

Rivian cuts delivery guidance because of Trump’s tariffs and trade wars - TechCrunch

Quick Summary:

Rivian says it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies.

The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs by the end of 2025.

That’s despite Rivian saying one month ago that it was still holding to its estimate of delivering 46,000 to 51,000 vehicles across this year.