Rivian expects to deliver 97,000 vehicles in 2025 . This guidance accounts for factors like planned manufacturing shutdowns, supply constraints (e.g., Enduro motor component shortages in Q4 2024), and a challenging demand environment, including impacts from the Los Angeles fires .
Key points influencing this outlook:
– A one-month shutdown in Normal, Illinois, in H2 2025 to prepare for R2 production .
– Lower commercial deliveries in 2025 due to higher Q4 2024 deliveries .
– Consumer demand sensitivity to pricing, with R2’s $45,000 starting price seen as a growth driver .
The company also anticipates modest gross profit for 2025, supported by software/services revenue .