Rivian's net loss in the first quarter increased by 7% year-on-year, and its revenue increased by 82%.

The first-quarter financial report released by American electric car manufacturer Rivian showed that the company's net loss increased by 7% from the same period last year, while revenue surged from US$661 million to US$1.2 billion. In the first quarter, Rivian produced 13,980 vehicles, a year-on-year increase of 48%; deliveries were 13,588 vehicles, a year-on-year increase of 71%. Rivian said that the production and sales volume in the first quarter was in line with the company's expectations, and it plans to produce 57,000 vehicles in 2024.