Rivian Automotive Q2 Vehicle Production And Delivery In Line With Company's Expectations
(RTTNews) - 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.
Looking ahead to the full year 2024, the management is reaffirming guidance for annual production of 57,000 total vehicles.
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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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Rivian Automotive Q1 Vehicle Production And Delivery In Line With Company's Expectations
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Rivian Unveils R2 SUV; To Save $2.25 Bln With Delay In Georgia Plant
Electric vehicle maker Rivian Automotive, Inc. announced the launch of new EV models, including the much awaited R2 electric sport-utility vehicle or SUV, with a view to tackling slowing vehicle demand and heightened competition in the EV industry. As part of its efforts to preserve cash to produce more affordable vehicles, the company also announced a delay in the construction of its planned $5
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Rivian Automotive Q3 Vehicle Production And Delivery In Line With Company's Expectations
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.
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Global Demand For Electric Cars Booming In 2023
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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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