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Rivian Q1 2024 Earning Webcast Recap
Rivian today had their investor earnings webcast to discuss Q1 2024 and I wanted to provide a quick recap of everything discussed + the Q&A segment. Rivian produced 13,980 vehicles and delivered 13,588 from January 1 to March 31, 2024. Product and delivery results during Q1 2024 aligned with Rivian’s…
Rivian To Receive $827M In Funding From State Of Ilinois
The State of Illinois announced today that it will provide Rivian with an incentive package of $827M. These funds will help expand the factory and improve public infrastructure and job training programs for Rivian’s workforce. “We are grateful for this investment from the State of Illinois and for the leadership…
Amazon Announces Over 13,500 Rivian EDVs On The Road Now!
Amazon recently announced that it now has over 13,500 Rivian Electric Delivery Vans (EDV) on the road delivering packages to many cities across the United States. Amazon has pledged that it will have 100,000 Rivian EDVs on the road by 2030. With its commitment to have all 100,000 electric delivery…
NACS DC Adapter Shipping Soon to Eager Customers
Rivian owners rejoice! Many Rivian owners have received notification that their official NACS DC Adapter is shipping soon. If you haven’t received a notification, log in to the Rivian Gear Shop using your official Rivian account and check your Account History. If you don’t see anything yet, don’t fret, keep…
Rivian Outpaces BMW, Mercedes, and More to Claim 5th Spot in U.S. EV Market
CNBC reported that Rivian is now the 5th in Electric Vehicle market share in the United States beating out BMW, Mercedes Benz, Chevrolet, Audi, and many more. Rivian joins General Motors, Ford, Hyundai/Kia, and Tesla. On April 2nd, I shared that Rivian had announced Q1 2024 deliveries. Rivian delivered 13,588…