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Rivian deliveries jump 20% YoY in Q1

Automotive revenue fell 1.5% YoY to $908M

Aidan Bush

Rivian Automotive’s deliveries jumped in the first quarter alongside rising software and services revenue, as the company begins production of its R2 model. The EV maker’s deliveries rose 20% year over year and 6.3% quarter over quarter to 10,365 units, according to Rivian’s April 30 presentation. Production fell 29.9% YoY and 6.7% QoQ to 10,236 […]

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