Electric vehicle makers Rivian and Lucid have expressed concerns about the impact of policy changes on their businesses. For Rivian, China export curbs are hurting production in Q2, resulting in increased costs.
The regulatory credit revenue decline is also affecting Rivian’s loss forecast, leading to a revised financial outlook. Meanwhile, Lucid has cut its full-year production forecast due to tariff-related costs that are impacting the company’s profit margin.
These developments come as electric vehicle manufacturers face increasing challenges in navigating complex global regulations. The impact of policy changes on the industry is likely to be significant, with many companies adjusting their strategies to mitigate the effects.
Source: https://www.reuters.com/business/autos-transportation/rivian-lucid-warn-bumpy-road-ahead-policy-changes-hurt-2025-08-05