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Rivian Releases Q4 2024 Production and Delivery Figures and Sets Date for Fourth Quarter and Full Year 2024 Results

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Rivian Automotive (NASDAQ: RIVN) has announced its Q4 and full-year 2024 production and delivery figures. In Q4, the company produced 12,727 vehicles at its Normal, Illinois facility and delivered 14,183 vehicles. For the full year 2024, Rivian achieved production of 49,476 vehicles and delivered 51,579 vehicles, meeting its annual guidance range of 47,000-49,000 for production and 50,500-52,000 for deliveries.

The company reported that a previously identified shared component shortage affecting R1 and RCV platforms has been resolved and is no longer constraining production. Rivian will release its Q4 2024 financial results on February 20th after market close, followed by an audio webcast at 5:00 p.m. ET to discuss performance and business outlook.

Rivian Automotive (NASDAQ: RIVN) ha annunciato le sue figure di produzione e consegna del Q4 e dell'intero anno 2024. Nel Q4, l'azienda ha prodotto 12.727 veicoli presso il suo stabilimento di Normal, Illinois, e ha consegnato 14.183 veicoli. Per l'intero anno 2024, Rivian ha raggiunto una produzione di 49.476 veicoli e ha consegnato 51.579 veicoli, rispettando l'intervallo di guida annuale di 47.000-49.000 per la produzione e di 50.500-52.000 per le consegne.

L'azienda ha riportato che una carenza di componenti condivisi precedentemente identificata, che influenzava le piattaforme R1 e RCV, 猫 stata risolta e non sta pi霉 limitando la produzione. Rivian rilascer脿 i suoi risultati finanziari del Q4 2024 il 20 febbraio dopo la chiusura del mercato, seguiti da una webcast audio alle 17:00 ET per discutere le performance e le prospettive aziendali.

Rivian Automotive (NASDAQ: RIVN) ha anunciado sus cifras de producci贸n y entrega para el cuarto trimestre y el a帽o completo 2024. En el cuarto trimestre, la compa帽铆a produjo 12,727 veh铆culos en su instalaci贸n de Normal, Illinois, y entreg贸 14,183 veh铆culos. Para el a帽o completo 2024, Rivian alcanz贸 una producci贸n de 49,476 veh铆culos y entreg贸 51,579 veh铆culos, cumpliendo con su rango de gu铆a anual de 47,000-49,000 para la producci贸n y 50,500-52,000 para las entregas.

La compa帽铆a inform贸 que una escasez de componentes compartidos previamente identificada que afectaba a las plataformas R1 y RCV ha sido resuelta y ya no est谩 restringiendo la producci贸n. Rivian publicar谩 sus resultados financieros del cuarto trimestre de 2024 el 20 de febrero despu茅s del cierre del mercado, seguido de una transmisi贸n por audio a las 5:00 p.m. ET para discutir el rendimiento y las perspectivas comerciales.

毽箘鞎 鞓ろ啝氇嫲敫 (NASDAQ: RIVN)臧 4攵勱赴 氚 2024雲 鞝勳泊 靸濎偘 氚 鞚鸽弰 靾橃箻毳 氚滍憸頄堨姷雼堧嫟. 4攵勱赴 霃欖晥, 須岇偓電 鞚茧Μ雲胳澊欤 雲鸽鞐 鞙勳箻頃 鞁滌劋鞐愳劀 12,727雽鞚 彀焿鞚 靸濎偘頃橁碃 14,183雽鞚 彀焿鞚 鞚鸽弰頄堨姷雼堧嫟. 2024雲 鞝勳泊毳 旮办鞙茧, 毽箘鞎堨潃 49,476雽鞚 彀焿鞚 靸濎偘頃橁碃 51,579雽鞚 彀焿鞚 鞚鸽弰頃橃棳 靸濎偘 47,000-49,000雽 氚 鞚鸽弰 50,500-52,000雽鞚 鞐瓣皠 臧鞚措崢鞀るゼ 於╈”頄堨姷雼堧嫟.

須岇偓電 R1 氚 RCV 頂岆灚韽检棎 鞓來枼鞚 氙胳箻雿 鞚挫爠鞐 韺岇晠霅 瓿淀喌 攵頀堨潣 攵臁 氍胳牅臧 頃搓舶霅橃棃鞙茧┌, 雿 鞚挫儊 靸濎偘鞐 鞝滍暅鞚 欤检 鞎婈碃 鞛堧嫟瓿 氤搓碃頄堨姷雼堧嫟. 毽箘鞎堨潃 2鞗 20鞚 鞁滌灔 毵堦皭 鞚错泟 2024雲 4攵勱赴 鞛 瓴瓣臣毳 氚滍憸頃橁碃, 鞓ろ泟 5鞁滌棎 靹标臣 氚 靷梾 鞝勲鞐 雽頃 雲检潣頃橁赴 鞙勴暅 鞓る敂鞓 鞗轨簮鞀ろ姼毳 歆勴枆頃 鞓堨爼鞛呺媹雼.

Rivian Automotive (NASDAQ: RIVN) a annonc茅 ses chiffres de production et de livraison du quatri猫me trimestre et de l'ann茅e enti猫re 2024. Au quatri猫me trimestre, l'entreprise a produit 12 727 v茅hicules dans son usine de Normal, Illinois, et a livr茅 14 183 v茅hicules. Pour l'ann茅e enti猫re 2024, Rivian a atteint une production de 49 476 v茅hicules et a livr茅 51 579 v茅hicules, respectant ainsi son fourchette de guidage annuel de 47 000-49 000 pour la production et 50 500-52 000 pour les livraisons.

L'entreprise a rapport茅 qu'une p茅nurie de composants partag茅s, pr茅c茅demment identifi茅e, affectant les plateformes R1 et RCV, a 茅t茅 r茅solue et ne contraint plus la production. Rivian publiera ses r茅sultats financiers du quatri猫me trimestre 2024 le 20 f茅vrier apr猫s la cl么ture du march茅, suivis d'une web茅mission audio 脿 17h00 ET pour discuter des performances et des perspectives commerciales.

Rivian Automotive (NASDAQ: RIVN) hat seine Produktions- und Lieferszahlen f眉r das vierte Quartal und das gesamte Jahr 2024 bekannt gegeben. Im vierten Quartal produzierte das Unternehmen 12.727 Fahrzeuge in seinem Werk in Normal, Illinois, und lieferte 14.183 Fahrzeuge aus. F眉r das gesamte Jahr 2024 erzielte Rivian eine Produktion von 49.476 Fahrzeugen und lieferte 51.579 Fahrzeuge aus, was dem j盲hrlichen Leitfadenbereich von 47.000-49.000 f眉r die Produktion und 50.500-52.000 f眉r die Lieferungen entspricht.

Das Unternehmen berichtete, dass ein zuvor identifizierter Mangel an gemeinsamen Komponenten, der die R1- und RCV-Plattformen betroffen hatte, behoben wurde und die Produktion nicht mehr einschr盲nkt. Rivian wird seine Finanzzahlen f眉r das vierte Quartal 2024 am 20. Februar nach B枚rsenschluss ver枚ffentlichen und eine Audio-Webkonferenz um 17:00 Uhr ET abhalten, um die Leistung und die Gesch盲ftsausichten zu diskutieren.

Positive
  • Met full-year 2024 production and delivery guidance targets
  • Resolution of component shortage affecting R1 and RCV platforms
  • Q4 deliveries (14,183) exceeded production (12,727), indicating strong demand
Negative
  • Q4 production of 12,727 vehicles shows sequential decline from previous quarters

Insights

Rivian's Q4 2024 performance demonstrates solid execution with 14,183 deliveries and 12,727 units produced, culminating in annual figures of 51,579 deliveries and 49,476 units produced. The resolution of component constraints affecting both R1 and RCV platforms removes a critical production bottleneck. Meeting guidance targets builds credibility, though production-to-delivery ratio suggests inventory management optimization potential. The 2.1% delivery beat over production indicates strong demand absorption. Contextually, while these numbers reflect operational progress, they remain modest compared to legacy automakers, highlighting Rivian's early growth phase in the competitive EV landscape. The sequential quarterly growth trend and supply chain improvements position the company for potential production ramp-up in 2025, important for path to profitability.

The resolution of the shared component shortage across R1 and RCV platforms marks a pivotal development in Rivian's supply chain resilience. This constraint removal enables more predictable production scheduling and potentially improved manufacturing efficiency. The 1,456 unit positive gap between Q4 deliveries and production suggests effective logistics management and healthy channel inventory. The ability to deliver more vehicles than produced indicates strong supply chain optimization and efficient dealer network operations. The Normal, Illinois facility's demonstrated production capacity of approximately 13,000 units per quarter establishes a baseline for scalability assessment. Supply chain maturation is evident in the consistent production-delivery relationship throughout 2024, essential for sustainable growth.

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period.

On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579. These figures were in line with management鈥檚 full-year 2024 guidance of 47,000 to 49,000 vehicles produced and 50,500 to 52,000 vehicles delivered. In addition, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian鈥檚 production.

The company also announced that on February 20th, after market close, it will release its fourth quarter 2024 financial results.

Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at , and a replay will be available for four weeks at following the webcast.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our production ramp-up and anticipated production and delivery levels. In some cases, you can identify forward-looking statements by terms such as 鈥渕ay,鈥 鈥渨ill,鈥 鈥渟hould,鈥 鈥渆xpects,鈥 鈥減lans,鈥 鈥渁nticipates,鈥 鈥渃ould,鈥 鈥渋ntends,鈥 鈥渢argets,鈥 鈥減rojects,鈥 鈥渃ontemplates,鈥 鈥渂elieves,鈥 鈥渆stimates,鈥 鈥渇orecasts,鈥 鈥減redicts,鈥 鈥減otential鈥 or 鈥渃ontinue鈥 or the negative of these terms or other similar expressions, although not all forward-looking statements use these words or expressions.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part II, Item 1A, 鈥淩isk Factors鈥 in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

About Rivian:

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers. The company provides a full suite of services that address the entire lifecycle of the vehicle and stay true to its mission to keep the world adventurous forever. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal 鈥 preserving the natural world for generations to come.

Learn more about the company, products, and careers at .

Investors: ir@rivian.com

Media: Harry Porter, media@rivian.com

Source: Rivian Automotive, Inc.

FAQ

How many vehicles did Rivian (RIVN) deliver in Q4 2024?

Rivian delivered 14,183 vehicles in Q4 2024.

Did Rivian (RIVN) meet its 2024 production guidance?

Yes, Rivian met its 2024 production guidance of 47,000-49,000 vehicles by producing 49,476 vehicles.

When will Rivian (RIVN) release Q4 2024 earnings?

Rivian will release its Q4 2024 earnings on February 20th, 2024, after market close.

Has Rivian (RIVN) resolved its component shortage issues?

Yes, Rivian has resolved the shared component shortage that was affecting its R1 and RCV platforms.

What was Rivian's (RIVN) total vehicle delivery count for 2024?

Rivian delivered a total of 51,579 vehicles in 2024.

Rivian Automotive, Inc.

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