Rivian Automotive's 2024 vehicle production and deliveries aligned with the company's revised expectations. Despite a previous production slowdown due to a component shortage, Rivian produced 49,476 vehicles and delivered 51,579, including a significant number of R1T pickups, R1S SUVs, and commercial vans in the fourth quarter. The company stated that the component shortage is no longer impacting production.
Rivian Automotive 's 2024 vehicle production and deliveries were in line with the company's previously announced expectations. Rivian Automotive 'sit produced 49,476 vehicles last year, including 12,727 trucks and vans during the fourth quarter, and delivered 51,579 vehicles, including 14,183 models during the last three months of the year.to a range of 47,000 to 49,000 vehicles – down from 57,000 units. The company had expected deliveries of between 50,500 and 52,000 vehicles.
The company on Friday said the previously discussed shortage"is no longer a constraint on Rivian's production." Shares of Rivian were up by more than 10% during trading early Friday morning. The stock declined 43% last year as theHow to invest $50,000 in 2025 to maximize returns with the lowest riskThese stocks will be the biggest Nasdaq losers of 2025, according to analysts
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