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Rivian posts first quarter 2024 production and delivery figures

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Rivian R2

Electric vehicle maker Rivian today shared the production and delivery figures for the first quarter of 2024 with year-over-year improvements.

It is revealed that Rivian produced 13,980 vehicles at its Normal Illinois manufacturing factory and delivered 13,588 vehicles in the first quarter. The production and delivery data are recorded until March 31, 2024.

The EV maker says it has been expecting such results for the first quarter and it is still looking to produce 57,000 total vehicles by this year.

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During the same quarter in 2023, Rivian posted 9,395 units of production and 7,946 vehicles delivery. The figure confirms the YoY increment in both deliveries and production rates.

Rivian says it will share the first quarter 2024 financial results on May 7 and an audio webcast will be hosted at 5:00 p.m. ET on the same day.

(source)

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Timothy started learning about game development and electronics at the age of 17. After involvement in different projects, he switched to Android app development and began pursuing smart hardware mechanics. Later on, he became fond of writing and tech journalism. Timothy covers major topics about internet personality, business, EV, Space, Social Media, and more. He loves to watch survival videos and try to find out new facts about the ocean and animals.

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