However, the company's meager vehicle production for 2024 and substantial losses have left some investors concerned about Rivian's future. Where could the company end up a year from now?
Rivian sold 13,423 electric vans in the US last year, up 67% from 2023. In comparison, Ford sold 12,610 E-Transit vans in the US in 2024. In the fourth quarter, Rivian outpaced Ford, with nearly 4,400 ...
Beyond that, though, Lucid needs to start standing on its own by significantly increasing production and, most importantly, lowering costs. It hasn't been smooth sailing for Rivian, either.