Rivian Automotive Q3 Vehicle Production And Delivery In Line With Company's Expectations
(RTTNews) - Rivian Automotive, Inc. (RIVN) announced Monday it produced 16,304 vehicles at its manufacturing facility in Normal, Illinois in the third quarter and delivered 15,564 vehicles during the same period.
These figures remain in line with the company's expectations. The company also said it is on track to deliver on the 52,000 annual production guidance previously provided.
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Rivian Automotive Inc.'s shares gained around 13 percent on Monday's regular trading after reports emerged that the all-electric automaker has reached a conditional settlement with EV major Tesla Inc., regarding its four-year old lawsuit. The shares were gaining 7% further in the pre-market activity on the Nasdaq, despite a slight drop in previous day's extended trading, after Rivian announced...
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Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle maker announced a joint venture partnership with German auto major Volkswagen Group, with a total deal size of up to $5.8 billion. The new joint venture, Rivian and VW Group Technology, LLC, is intended to create next-generation electrical architecture and vertically..
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Rivian Automotive Q2 Vehicle Production And Delivery In Line With Company's Expectations
Rivian Automotive, Inc. (RIVN) announced Tuesday that it produced a total of 9,612 vehicles at its manufacturing facility in Normal, Illinois in the second quarter and delivered 13,790 vehicles during the same period. The company said these figures were in line with its expectations.
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Rivian Unveils R2 SUV; To Save $2.25 Bln With Delay In Georgia Plant
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Global Demand For Electric Cars Booming In 2023
Global demand for electric cars is booming in 2023 with sales of the vehicles expected to grow by 35 percent this year to reach 14 million from the more than 10 million electric cars sold worldwide in 2022, according to the new edition of the International Energy Agency's annual Global Electric Vehicle Outlook.
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Rivian Produces 9,395 Vehicles In Normal, Illinois Facility In Q1; Delivers 7,946 Vehicles
Rivian Automotive, Inc. (RIVN) announced Monday that it produced a total of 9,395 vehicles at its manufacturing facility in Normal, Illinois in the first quarter and delivered 7,946 vehicles during the same period.
The company said these figures remain in line with its expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided.
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Rivian Recalls 13,000 Electric Vehicles; Stock Down 8%
Shares in Rivian Automotive, Inc. are slipping more than 8 percent on Monday morning after reports that the electric-vehicle maker is recalling about 13,000 vehicles, almost all of the vehicles it has produced, due to potentially loose fastener to the front steering knuckle.
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