Rivian announces parts shortage is no longer limiting production

Posted on January 6, 2025
Rivian founder and CEO R.J. Scaringe (right) shakes hands with Illinois Gov. Pritzker (far right). (Photo courtesy: Scott Miller/WJBC)

By WMBD TV

NORMAL – Rivian Automotive announced on Friday that an earlier parts shortage this year is no longer limiting its production.

The company announced in a news release that they had produced almost 49,500 vehicles and delivered over 51,500 vehicles in 2024 and the company produced over 12,700 vehicles at the manufacturing facility in Normal in the fourth quarter.

These numbers were on track with what the company hoped their 2024 numbers would be as they wanted to produce 47,000 to 49,000 and deliver between 50,500 to 52,000, the release said.

The company has not announced its 2024 fourth-quarter financial results but says it will do, so after the stock market closes on Feb. 20, it said.

They will also be hosting an audio webcast the same day to discuss their 2024 performance as well as an outlook for the business, the release said.

WMBD TV can be reached at [email protected].

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