Rivian cuts delivery guidance because of Trump's tariffs and trade wars

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Rivian cuts delivery guidance because of Trump's tariffs and trade wars | TechCrunch

^{Published on 2025-05-06 17:01:37 - TechCrunch}

Rivian says it will likely deliver fewer vehicles this year than previously forecasted due to President Trump's tariffs and other regulatory changes,

Rivian, an electric vehicle startup, has lowered its delivery guidance for the year due to the impact of former President Donald Trump's tariffs and ongoing trade wars, as reported by TechCrunch on May 6, 2025. The company cited increased costs and supply chain disruptions caused by these trade policies, which have particularly affected the availability and price of essential components needed for their vehicles. Rivian's CEO, RJ Scaringe, expressed concerns about the broader implications of these tariffs on the EV industry, emphasizing the need for stable trade relations to support the growth and sustainability of electric vehicle production.

Read the Full TechCrunch Article at:
[ https://techcrunch.com/2025/05/06/rivian-cuts-delivery-guidance-because-of-trumps-tariffs-and-trade-wars/ ]

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