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Rivian raises EV sales forecast as Q2 production ramps up
S. right now.
Rivian previously said it would ship between 62,000 and 67,000 vehicles this year, but the company now expects to deliver between 65,000 and 70,000 vehicles, the company said on Thursday.
It’s a small but potentially meaningful bump for the company, which only shipped 42,247 electric vehicles last year. The new forecast comes as EV sales growth has cooled off in the U.S., driven in part by Congress killing the $7,500 federal EV tax credit, and President Trump’s administration axing environmental regulations that encouraged the production and purchase of electric vehicles.
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