Lucid Deliveries/Production : 2025 (Q1)

Deliveries were up 58% for the first quarter, reaching 3,109. It was also the best quarter yet, albeit by a slender margin. Production was also up, 63% in this case. The local number was 2,212 with over 600 kits sent to Saudi Arabia for assembly there. As I don't know how much in excess of 600 it was, I added exactly that number. 

A good result although if the kits going to Saudi Arabia are not yet counted as deliveries, then the 3,109 sales were well over the 2,212 produced. The press release lacks the detail to clarify that so best to see it at face value as a good result and let Lucid concern itself with inventory levels.

Data source: Lucid.

Rivian Deliveries & Production Figures : 2025 (Q1)

Rivian delivered 8,640 vehicles in Q1 2025, which was down 36% compared to the corresponding quarter a year earlier. 

First quarters can be lower as was the case in 2023 when just 16% of sales were in Q1. 

However, that was early in the life of the company and 2014 quarters were more even.

                              So the 2025 Q1 figure is disappointing whatever way we try to look at it. Rivian has a target of 46,000 for the year or 11,500 per quarter so the next three will have to be much better to achieve that. 

At first glance, the fact the company made 14,611 for Q1 seems too high. The explanation is that a new model (R2 picture above) is coming in 2026 so later this year production will be compromised as the factory is readied for that. So inventory is being built up to meet sales demand while production is affected.

Data source: Rivian. 

Nio Global Sales : 2025 (Q1)

The company started selling its first road car in 2018, having made a handful of track sports cars beforehand. It was soon struggling financially but with the help of funding it survived that. It's known for battery swap stations which overcomes wait times for recharging. 

Nio is a premium electric car marque in the mould of Tesla. During 2024 it added a mainstream electric brand ONVO which stands for On Voyage. Soon will follow the Firefly sub brand to challenge smart and even MINI. 

In 2023, it sold 160,000 cars and 222,000 a year later. In the first quarter of 2025, 42,000 Nio and ONVO cars were delivered, up 40% for the quarterly comparison.  

Data & photo source: Nio.

Splitting the two marques numerically, in 2024 73,000 Nio and 21,000 ONVOs were delivered. Looking at 2025, the chart to the left shows monthly deliveries for both.

ONVO has experienced headwinds and hasn't been as well received as hoped. The company is still confident things will improve as it addresses problems the brand has faced.  

The top photo is of the Nio ES8 SUV and the one below is the ONVO L60 coupe SUV which is the only current model for the latter. The full sized ONVO L90 SUV is however coming.