Rivian Automotive on Monday reported record third-quarter electric vehicle deliveries and said it remains on track to produce 52,000 EVs in 2023.
The company said it delivered 15,564 vehicles during the period, up 23% from the second quarter of 2023 and ahead of Wall Street estimates.
Analysts surveyed by FactSet had expected Rivian to deliver about 14,000 vehicles in the quarter, on average.
Rivian produced 16,304 vehicles during the third quarter, all at its factory in Normal, Illinois.
All are fully electric vehicles.
Persons:
FactSet, Rivian
Organizations:
Rivian Automotive
Locations:
Normal , Illinois, U.S