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The numbers are out and Rivian managed to sell 5,133 vehicles in the month of August 2024 which brings the annualized run rate to 61,596, surpassing the expected 57,000 that Rivian projected this year.
Motor Intelligence, the world’s leading provider of vehicle sales and leasing data for the United States market, shared these numbers on Thursday evening.
In July, Rivian shared their Q2 earnings and revealed that 9,612 vehicles were produced and 13,790 vehicles were delivered. It’s important to note that during Q2 2024, Rivian shut down their factory in Normal, IL to retool the R1 line.
As of the end of Q2, Rivian has produced 23,592 vehicles and delivered 27,378 vehicles. CEO RJ Scaringe during the Q2 earnings call once again reaffirmed the commitment to 57,000 vehicles projected for 2024.