Rivian Stock Jumped 1.4% in Premarket Trading. Rivian Automotive Reported Q1 Production of 2,553 Vehicles.
Rivian Automotive announced production totals for the quarter ending March 31, 2022.
The company produced 2,553 vehicles at its manufacturing facility in Normal, Illinois and delivered 1,227 vehicles during the same period.
These figures are in line with the company's expectations, and it believes it is well positioned to deliver on the 25,000 annual production guidance provided during its fourth quarter earnings call on March 10, 2022.
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