Rivian Seen With Headwind From Weak EV Market -- Market Talk
Dow Jones02-13
1056 ET - Rivian is likely to face headwinds from a pullback in electric vehicles sales as the company prepares to launch its R2 model in March, Mizuho analysts write in a note. After a key EV tax credit expired last year, light vehicle production of electric vehicles in 2026 expected to be down around 10% year-over-year, also due to macroeconomic headwinds and a shift toward hybrid and combustion vehicles. The company also noted some cost headwinds from the memory shortage, the analysts note. Rivian surges 24% to $17.40 after a 4Q earnings beat. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
February 13, 2026 10:56 ET (15:56 GMT)
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