Rivian Automotive, Inc. (NASDAQ: RIVN) has disclosed its production and delivery figures for the first quarter ending on March 31, 2025. The company's manufacturing facility in Normal, Illinois, produced a total of 14,611 vehicles during this period. In terms of deliveries, Rivian successfully transported 8,640 vehicles to customers in the same timeframe.
These results align closely with Rivian's previously communicated outlook, as discussed during its last earnings call. The company had projected production of approximately 14,000 vehicles and delivery of around 8,000 vehicles for the quarter. Moreover, Rivian has reiterated its 2025 delivery range guidance, maintaining the expectation of delivering between 46,000 to 51,000 vehicles by the end of the year.
Looking ahead, Rivian has scheduled the release of its first quarter 2025 financial results for May 6th, 2025 after the market closes. Following the financial release, the company will host an audio webcast at 5:00 p.m. ET on the same day to delve into the performance and future prospects of the business. The live webcast will be accessible at https://rivian-q1-earnings-webcast-2025.open-exchange.net/registration, with a replay available for four weeks at www.rivian.com/investors subsequent to the webcast. The market has reacted to these announcements by moving the company's shares -5.9% to a price of $12.49. Check out the company's full 8-K submission here.
