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What will be Rivian's market share in the EV industry by end of 2025?
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Market analysis reports from reputable sources like Bloomberg or Statista
Story
Rivian Reports Q4 Deliveries of 14,183 Vehicles, Q4 Production at 12,727, Total 2024 Production 49,476
Jan 3, 2025, 01:38 PM
Rivian Automotive reported fourth-quarter deliveries of 14,183 vehicles, exceeding analyst expectations of 13,472. The company produced 12,727 vehicles during the same period, also surpassing projections of 11,458. For the full year 2024, Rivian achieved total production of 49,476 vehicles and delivered 51,579, aligning with its guidance. The company noted that a shortage of shared components affecting its R1 and RCV platforms is no longer a constraint on production, indicating improved operational capacity.
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