The company has recently rolled out a promotion offering a $2,500 discount on 2023 R1T and R1S models in the United States. We’ve reached out to Rivian to confirm if this offer applies to all ...

Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news came as the company reported third quarter production and delivery ...

Buyers of the dual- or quad-motor 2023 Rivian R1T that have the Large pack can enjoy USD 6,000 or CAD 9,000 off. Those who want a bit more range can obtain a USD 7,250 or CAD 11,000 discount for ...

Both of those figures are down from the fourth quarter of 2023, where it built 17,541 and shipped 13,972. Rivian did signal that it plans to make roughly the same number of EVs as it did in 2023.

Rivian EV Deliveries - Q1 2024 For reference, in 2023, Rivian produced over 57,000 electric vehicles and delivered more than 50,000. In both cases, the results more than doubled compared to 2022.

Those costs pushed the loss from operations to a huge $5.7 billion in 2023. Rivian's balance sheet had nearly $7.9 billion in cash and $1.5 billion in short-term investments on it at the end of 2023.

Rivian is slashing its annual forecast to 47,000–49,000 vehicles in 2024, down from 57,000 vehicles in its original prediction.