Home Stock Market EV Truck Maker Rivian (RIVN) Produced 2,553 Autos in Q1, In Line With Expectations By Investing.com

EV Truck Maker Rivian (RIVN) Produced 2,553 Autos in Q1, In Line With Expectations By Investing.com

EV Truck Maker Rivian (RIVN) Produced 2,553 Autos in Q1, In Line With Expectations By Investing.com

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© Reuters EV Truck Maker Rivian (RIVN) Produced 2,553 Autos in Q1, In Line With Expectations

Rivian Automotive, Inc. (RIVN) introduced as we speak that it has produced 2,553 automobiles and delivered 1,227 throughout the first quarter, that are according to the EV companys expectations.

In all of 2021, the corporate produced 1,015 automobiles and delivered 920 automobiles.

The corporate believes it’s well-positioned to ship on its 25,000 annual manufacturing steerage, which it supplied throughout its This autumn earnings name final month.

As of March 8, 2021, the corporate had roughly 83K R1 preorders from customers throughout the U.S. and Canada.

Rivian shares are down 59% year-today-date.

By Davit Kirakosyan

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