Electric vehicle maker Rivian Automotive Inc. said on Tuesday it is on track to achieve its production target of 25,000 vehicles this year, sending its shares up 2.4 percent in extended trading.
The company said it had made 2,553 vehicles and delivered 1,227 cars in the first quarter. It produced 1,015 vehicles and delivered 920 last year after starting deliveries of its R1T pickup truck towards the end of the third quarter.
