Rivian delivered 8,640 vehicles in Q1 2025, which was down 36% compared to the corresponding quarter a year earlier.
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.
No comments:
Post a Comment