BUZZ-Rivian falls on US vehicles recall

Reuters

02-21

BUZZ-Rivian falls on US vehicles recall

** Shares of EV maker Rivian RIVN.O fall nearly 3.7% to $13.11 in premarket trading

** Co says it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a crash

** Says recall affects certain 2025 R1S SUVs and R1T pickup truck vehicles

** Issue was identified in vehicles made between April 29, 2024 and February 3, 2025

** Co reported on Thursday a surprise drop in 2025 EV deliveries forecast

** RVN shares up 2.3% YTD as of last close; stock fell ~43% in 2024

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

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