Business

Rivian’s vehicle deliveries decline in the first quarter

World World: Electric vehicle maker Rivian (RIVN.O) has reported a significant drop in its deliveries in the first quarter of 2025. The company faced supply chain disruptions and weak demand for its products. Rivian delivered a total of 8,640 vehicles in the quarter ended March 31, down from 13,588 vehicles in the same period last year.

The company suffered a drop in deliveries due to parts shortages and current market conditions. However, Rivian is focused on improving its production capacity and expects to improve in the coming months after resolving these supply issues.

Industry experts are keeping an eye on Rivian’s performance, especially as electric vehicle demand continues to grow globally. Rivian’s commitment to sustainability and innovation remains strong, but the company will need to address these challenges to remain competitive in the rapidly evolving automotive industry.

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