The EV maker's first-quarter deliveries were in line with Wall Street's expectations.
Rivian confirmed on Monday that it’s still on track to produce 50,000 EVs in 2023, in line with the guidance it gave investors in February.
Rivian said it built about 9,400 EVs in the first quarter and delivered just under 8,000 to customers.
Electric vehicle maker Rivian Automotive said on Monday that its first-quarter deliveries were in line with expectations and that it remains on track to produce 50,000 EVs in 2023.
Rivian said in a statement that it produced 9,395 EVs in the first quarter and delivered 7,946 vehicles to customers by quarter-end. Both numbers were down from fourth quarter results, but that wasn’t a surprise: Wall Street...