$Rivian Automotive, Inc.(RIVN)

$Rivian Automotive, Inc.(RIVN)$ extremely rubbish. Look at the chinese EV, their q4 deliveries are doing much better. Big money are just blind

EV Maker Rivian Beats Expectations for Deliveries as Supply Snag Eases

Rivian Q4 2024 Production and Delivery Figures

Rivian Automotive, Inc. announced production and delivery totals for the fourth quarter and full year of 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's guidance. Additionally, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian's production.

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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's guidance. Additionally, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian's production."}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a> extremely rubbish. Look at the chinese EV, their q4 deliveries are doing much better. Big money are just blind</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a> extremely rubbish. Look at the chinese EV, their q4 deliveries are doing much better. Big money are just blind</p></body></html>","text":"$Rivian Automotive, Inc.(RIVN)$ extremely rubbish. Look at the chinese EV, their q4 deliveries are doing much better. Big money are just blind","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/388800647028888","repostId":2500153941,"repostType":2,"repost":{"id":"2500153941","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1735911893,"share":"https://www.laohu8.com/m/news/2500153941?lang=&edition=full","pubTime":"2025-01-03 21:44","market":"us","language":"en","title":"EV Maker Rivian Beats Expectations for Deliveries as Supply Snag Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=2500153941","media":"Reuters","summary":"EV maker Rivian beats expectations for deliveries as supply snag eases Jan 3 (Reuters) - Rivian RIVN.O surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production ","content":"<html><head></head><body><p>Jan 3 (Reuters) - Rivian RIVN.O surpassed analysts&#39; expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit.</p><p>Rivian jumped 5% on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aa3af5032a75cc408787c590d24935f8\" tg-width=\"817\" tg-height=\"826\"/></p><p>The shortage of the part used in its R1 SUV and R1T pickups, as well as its delivery vans, started in the third quarter and forced the company to slash its annual production target in October.</p><p>&#34;The previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian&#39;s production,&#34; the company said on Friday.</p><p>Rivian handed over 14,183 vehicles in the three months ended Dec. 31, compared with estimates of 13,472, according to 15 analysts polled by Visible Alpha.</p><p>That was a 42% jump from the previous quarter and marked Rivian&#39;s highest deliveries in more than a year, even though Amazon.com AMZN.O, its biggest backer, takes fewer deliveries in the fourth quarter due to its focus on holiday season sales.</p><p>Rivian produced 12,727 vehicles in the quarter, compared with estimates of 11,398 units.</p><p>For 2024, production came in at 49,476 vehicles, down about 13% from a year earlier but above the company&#39;s lowered target of between 47,000 and 49,000 units.</p><p>Rivian has cut costs sharply by renegotiating supplier contracts and revamping its manufacturing processes to turn a gross profit for the fourth quarter. It also entered a technology joint venture with German automaker Volkswagen last year that will provide a $5 billion lifeline.</p><p>EV makers are grappling with slowing demand as higher borrowing costs push buyers toward cheaper gasoline-powered hybrid vehicles and legacy automakers focus on rolling out electric vehicles.</p><p>Bigger rival Tesla TSLA.O reported its first fall in yearly deliveries on Thursday, also weighed down by the EV pioneer&#39;s aging lineup.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Maker Rivian Beats Expectations for Deliveries as Supply Snag Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Maker Rivian Beats Expectations for Deliveries as Supply Snag Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-01-03 21:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jan 3 (Reuters) - Rivian RIVN.O surpassed analysts&#39; expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit.</p><p>Rivian jumped 5% on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aa3af5032a75cc408787c590d24935f8\" tg-width=\"817\" tg-height=\"826\"/></p><p>The shortage of the part used in its R1 SUV and R1T pickups, as well as its delivery vans, started in the third quarter and forced the company to slash its annual production target in October.</p><p>&#34;The previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian&#39;s production,&#34; the company said on Friday.</p><p>Rivian handed over 14,183 vehicles in the three months ended Dec. 31, compared with estimates of 13,472, according to 15 analysts polled by Visible Alpha.</p><p>That was a 42% jump from the previous quarter and marked Rivian&#39;s highest deliveries in more than a year, even though Amazon.com AMZN.O, its biggest backer, takes fewer deliveries in the fourth quarter due to its focus on holiday season sales.</p><p>Rivian produced 12,727 vehicles in the quarter, compared with estimates of 11,398 units.</p><p>For 2024, production came in at 49,476 vehicles, down about 13% from a year earlier but above the company&#39;s lowered target of between 47,000 and 49,000 units.</p><p>Rivian has cut costs sharply by renegotiating supplier contracts and revamping its manufacturing processes to turn a gross profit for the fourth quarter. It also entered a technology joint venture with German automaker Volkswagen last year that will provide a $5 billion lifeline.</p><p>EV makers are grappling with slowing demand as higher borrowing costs push buyers toward cheaper gasoline-powered hybrid vehicles and legacy automakers focus on rolling out electric vehicles.</p><p>Bigger rival Tesla TSLA.O reported its first fall in yearly deliveries on Thursday, also weighed down by the EV pioneer&#39;s aging lineup.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1244550577.SGD":"FTIF - 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It also entered a technology joint venture with German automaker Volkswagen last year that will provide a $5 billion lifeline.EV makers are grappling with slowing demand as higher borrowing costs push buyers toward cheaper gasoline-powered hybrid vehicles and legacy automakers focus on rolling out electric vehicles.Bigger rival Tesla TSLA.O reported its first fall in yearly deliveries on Thursday, also weighed down by the EV pioneer's aging lineup.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RIVN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":121,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/388800647028888"}