Amazon’s EV venture releases full year production figures
by CM Staff
On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122.
IRVINE — Rivian Automotive, Inc. announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,972 vehicles during the same period.
On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122. This exceeded management’s most recent full-year 2023 production guidance of 54,000 vehicles.
The company also announced that on February 21st, after market close, it will release its fourth quarter 2023 financial results.
Rivian Automotive ended up missing market estimates for the fourth-quarter deliveries as tough competition and high interest rates affected their production goals.
