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Rivian deliveries fall as component shortage slows production
Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up in the third quarter that has
Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up in the third quarter that has “become more acute in recent weeks.” The result is that Rivian now expects to finish 2024 having built between 47,000 and 49,000 vehicles, a big step down from the goal of 57,000 it was promoting as recently as July. It didn’t offer an explanation for why deliveries fell, but Rivian says it still believes it can hit its full-year target of shipping between 50,500 and 52,000 vehicles.
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