Prediction: This Long-Awaited Catalyst Could Drive Rivian Stock Higher in 2025
It's a reasonable concern for Rivian Automotive (NASDAQ: RIVN) investors that the company has no real visible catalysts in 2025. The R2 won't launch until 2026, Rivian already inked a big deal with Volkswagen Group, and also landed a Department of Energy loan to fund its second plant in Georgia. The concern is without a catalyst the stock could lag the markets in 2025 if electric vehicle (EV) sales stagnate in the U.S. But there could be a forgotten catalyst in 2025 and Rivian just made a small announcement about it.For most investors, Rivian became a much more known entity when it inked a deal to supply retail juggernaut Amazon with electric delivery vans (EDVs). The deal, which called for Rivian to deliver 100,000 EDVs to Amazon by 2030, has gotten off to a slow start with the latter only using about 20,000 in its fleet currently. Then Rivian and Amazon announced that the deal was no longer exclusive and Rivian was free to sell its EDVs to other companies. That was a big deal. Then the hype faded and the topic went nearly silent. The reason behind the silence was fairly simple: These are big decisions for companies and it takes time to test and run pilot programs. Rivian did give investors a little nugget that it was testing with AT&T, but then more silence.Continue reading
It's a reasonable concern for Rivian Automotive (NASDAQ: RIVN) investors that the company has no real visible catalysts in 2025. The R2 won't launch until 2026, Rivian already inked a big deal with Volkswagen Group, and also landed a Department of Energy loan to fund its second plant in Georgia. The concern is without a catalyst the stock could lag the markets in 2025 if electric vehicle (EV) sales stagnate in the U.S. But there could be a forgotten catalyst in 2025 and Rivian just made a small announcement about it.
For most investors, Rivian became a much more known entity when it inked a deal to supply retail juggernaut Amazon with electric delivery vans (EDVs). The deal, which called for Rivian to deliver 100,000 EDVs to Amazon by 2030, has gotten off to a slow start with the latter only using about 20,000 in its fleet currently.
Then Rivian and Amazon announced that the deal was no longer exclusive and Rivian was free to sell its EDVs to other companies. That was a big deal. Then the hype faded and the topic went nearly silent. The reason behind the silence was fairly simple: These are big decisions for companies and it takes time to test and run pilot programs. Rivian did give investors a little nugget that it was testing with AT&T, but then more silence.
