Rivian Q1 sales fall 36% on weaker van deliveries, L.A. fires

Rivian posted a $4.7 billion net loss in 2024 and Lucid reported a $2.7 billion net loss last year, the companies said in late February.. — Rivian’s sales fell short of its production pace of 14,611 vehicles in the first quarter. (LAURENCE ILIFF/AUTOMOTIVE NEWS)

Last Updated

April 02, 2025 01:42 PM

Rivian Automotive reported a first-quarter sales decline of 36 percent, citing fewer commercial van deliveries and weaker demand partially driven by the impact of the L.A. fires in a key EV market.

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