On February 20, the American electric vehicle manufacturer Rivian unveiled its financial report for the year. According to the data, Rivian manufactured 49,476 vehicles and delivered 51,579 units in 2024. The company's total revenue stood at $4.97 billion, representing a 12% increase from the previous year. Despite this, Rivian reported a net loss of $4.746 billion, which narrowed by 12.6% compared to the previous year. The adjusted EBITDA loss amounted to $2.689 billion, a 29% year-over-year improvement. Looking ahead, Rivian anticipates delivering between 46,000 and 51,000 vehicles in 2025, with an adjusted EBITDA loss projected to range from $1.7 billion to $1.9 billion. Additionally, the company expects capital expenditures to be estimated at $1.6 billion to $1.7 billion for the upcoming year.
