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
Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm on account of reliance on the data together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is without doubt one of the riskiest funding kinds attainable.