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Rivian reports record revenue in final quarter of 2024 - Charged EVs

Summary by chargedevs.com
Rivian Automotive, an EV manufacturer and outdoor recreation company, has announced financial results for both the fourth quarter of 2024 and the full calendar year. The company’s Q4 net revenue was $170,000, an increase of $604 million when compared with its Q4 2023 net loss of $606 million, on net income of $1.5 billion. Rivian attributed its record quarterly revenue to the sale of regulatory credits as well as software and services revenue gr…
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chargedevs.com broke the news in on Friday, February 28, 2025.
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