The Rivian stock (Rivn) falls after the EV Slip deliveries to Q1: This is why

Rivian (Rivn) was preparing for fewer deliveries in the first quarter, but still managed to beat expectations. With things that took care of here, the electric vehicle manufacturer confirmed that it was still on the right track to deliver between 46,000 and 51,000 electric vehicles this year.

Rivian’s T1 2025 deliveries fall, but it was expected

Rivian delivered 8,640 vehicles in the first three months of 2025. Although it is below the quarterly figures last year, it was in line with expectations.

During his call for the results of the fourth quarter, Rivian’s financial director Claire McDonough said that the company provided less customer deliveries during the first three months of 2025.

McDonough explained that Rivian had been struck by a “shortage of supply of a component in our Enduro engine system” which started in the third quarter. For this reason, the company delivered more R1 and commercial vans to tri-engine in the fourth quarter of 2024 than expected.

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After returning 14,183 additional vehicles in the fourth quarter, Rivian exceeded expectations, while deliveries in 2024 of the year in 2024 reached 51,579.

	T1 2024	Q2 2024	Q3 2024	Q4 2024	Full year 2024	2024 Guide	Q1 2025	2025 Guide
Deliveries	13,588	13,790	10 018	14 183	51,579	50,500 – 52,000	8,640	46,000 – 51,000
Production	13 980	9 612	13 157	12,727	49,476	47,000 – 49,000	14.611	N / A

Rivian said he was also affected by Los Angeles fires, one of his biggest markets, and was dealing with a “difficult demand environment”.

Despite less deliveries in the first quarter, Rivian reaffirmed plans to deliver between 46,000 and 51,000 electric vehicles this year.

Rivian has since overcome the supply shortage. In a statement last year, the company said that “the shortage previously discussed a shared component on R1 and RCV platforms is no longer a constraint.”

Things already seem to improve to Rivian after the R1s were among the first five most sold electric vehicles in the United States in February.

Rivian also improves his normal manufacturing plant, he is preparing to launch the medium -sized R2. From $ 45,000, R2 from Rivian is expected to open a new whole market while the manufacturer of electric vehicles is looking to enter its next growth stage.

Rivian’s shares fell by around 5% after publishing its delivery and production numbers in the first quarter. However, in the past year, Rivian shares have more than 20%.

We will learn more on May 6, 2025, when Rivian published his financial results in the first quarter. Come back soon for more information.