Rivian Warns of $100 Million Revenue Shortfall After Fuel Economy Regulation Shift
Policy Shift Hits Rivian’s Revenue Stream Electric vehicle maker Rivian (RIVN: NASDAQ) faces a significant blow after the Trump administration relaxed fuel economy rules. This change halted the issuance of compliance letters necessary for selling Corporate Average Fuel Economy (CAFE) credits, once a lucrative source of income for EV manufacturers. As a result, Rivian now…