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 vehicles in Q1 2024 and produced a total of 13,980.

Rivian guidance for 2024 is 57,000 vehicles.