
Rivian Faces $100 Million Revenue Hit From Fuel Economy Rule Changes
Rivian says it is losing about $100 million in revenue after the Trump administration rolled back fuel economy penalties and paused the paperwork needed for selling regulatory credits. These credits, sold to automakers that fail to meet fuel efficiency rules, have been a steady income source for EV makers like Rivian, Lucid, and Tesla. The National Highway Traffic Safety Administration says it will resume issuing compliance letters after reworking Corporate Average Fuel Economy standards, but hasn’t given a timeline. Rivian…