Rivian Automotive,Inc.( NASDAQ RIVN) moment blazoned product summations for the quarter and full- time ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing installation in Normal, Illinois and delivered 13,972 vehicles during the same period.
On a full- time 2023 base, the company produced 57,232 vehicles and delivered 50,122. This exceeded operation’s most recent full- time 2023 product guidance of 54,000 vehicles.
The company also blazoned that on February 21st, after request near, it’ll release its fourth quarter 2023 fiscal results.
Rivian will host an audio webcast at 500p.m. ET the same day to bandy the performance and outlook for the business. The live webcast will be available at https//edge.media-server.com/mmc/p/h74hmdp6/, and a renewal will be available for four weeks atwww.rivian.com/investors following the webcast.
Forward- Looking Statements
This press release contains forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend similar forward- looking statements to be covered by the safe harbor vittles for forward- looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that don’t relate to matters of literal fact should be considered forward- looking statements, including without limitation statements regarding our product ramp- up and anticipated product situations. In some cases, you can identify forward- looking statements by terms similar as “ may, ” “ will, ” “ should, ” “ expects, ” “ plans, ” “ anticipates, ” “ could, ” “ intends, ” “ targets, ” “ systems, ” “ contemplates, ” “ believes, ” “ estimates, ” “ vaticinations, ” “ predicts, ” “ eventuality ” or “ continue ” or the negative of these terms or other analogous expressions, although not all forward- looking statements use these words or expressions.
We’ve grounded these forward- looking statements largely on our current prospects and protrusions about unborn events and fiscal trends that we believe may affect our business, fiscal condition, and results of operations. Forward- looking statements involve known and unknown pitfalls, misgivings and other important factors that may beget our factual results, performance, or achievements to be materially different from any unborn results, performance, or achievements expressed or inferred by the forward- looking statements, including, but not limited to, the important factors bandied in Part II, Item 1A, “ threat Factors ” in our Daily Report on Form 10- Q for the quarter ended September 30, 2023, and our other forms with the Securities and Exchange Commission. The forward- looking statements in this press release are grounded upon information available to us as of the date of this press release, and while we believe similar information forms a reasonable base for similar statements, similar information may be limited or deficient, and our statements shouldn’t be read to indicate that we’ve conducted an total inquiry into, or review of, all potentially available applicable information. These statements are innately uncertain, and investors are advised not to overly calculate upon these statements. While we may handpick to modernize similar forward- looking statements at some point in the future, we disclaim any obligation to do so, indeed if posterior events beget our views to change.
