Rivian has announced its Q4 2024 production and delivery figures, completing what has been an eventful year for the EV maker. Below is a summary of Rivian’s performance across all four quarters of 2024:
Q1 2024
- Vehicles Produced: 13,980
- Vehicles Delivered: 13,588
Q2 2024
- Vehicles Produced: 9,612
- Vehicles Delivered: 13,790
Q3 2024
- Vehicles Produced: 13,157
- Vehicles Delivered: 10,018
In Q3, Rivian revised its annual production guidance to 47,000–49,000 vehicles while reaffirming its annual delivery outlook, anticipating low single-digit growth compared to 2023, with an expected range of 50,500–52,000 vehicles delivered.
Q4 2024
- Vehicles Produced: 12,727
- Vehicles Delivered: 14,183
2024 Total
- Vehicles Produced: 49,476
- Vehicles Delivered: 51,579
Rivian’s total production for 2024 came in at 49,476 vehicles. Deliveries totaled 51,579 vehicles, demonstrating a strong close to the year.
Year-Over-Year Comparison
In 2023, Rivian produced 57,232 vehicles and delivered 50,122, exceeding its production guidance of 54,000 vehicles. In contrast, 2024 saw a slight decline in production to 49,476 vehicles but an increase in deliveries to 51,579, reflecting improved supply chain management and fulfillment efforts.
How do you think Rivian performed in 2024? Share your thoughts below!
