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Rivian says it remains on track to build 50,000 EVs in 2023 - TL;DR CNBC

Rivian says it remains on track to build 50,000 EVs in 2023

Publishing timestamp: 2023-04-03 09:55:01


Summary

Rivian confirms that it produced 9,395 electric vehicles (EVs) in the first quarter of 2022 and delivered 7,946 to customers, in line with expectations. The company remains on track to produce 50,000 EVs in 2023, with production of the R1T pickup, R1S SUV, and electric delivery vans for Amazon ongoing at its factory in Illinois. Rivian will report its Q1 financial results on May 9.


Sentiment: NEUTRAL

Tickers: RIVNAMZN

Keywords: businessautosrivian automotive incearningsamazon.com incelectric vehiclesbusiness newstransportationclimateautomobile manufacturingtechnology

Source: https://www.cnbc.com/2023/04/03/rivian-2023-ev-production-target.html


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