Home Technology Is winter coming for the electric vehicle industry? Not only Tesla, but also a new start-up saw a decline in vehicle deliveries last quarter

Is winter coming for the electric vehicle industry? Not only Tesla, but also a new start-up saw a decline in vehicle deliveries last quarter

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Is winter coming for the electric vehicle industry? Not only Tesla, but also a new start-up saw a decline in vehicle deliveries last quarter

usaElectric CarThe production and delivery volume of the newly minted Rivian last quarter was not as good as the fourth quarter of last year, but higher than the same period last year. Performance in the first quarter of this year was in line with the company’s expectations, but slightly different from market forecasts.

Based on reports from Bloomberg, Reuters and Dow Jones, Rivian released data on the 2nd showing that the production of electric vehicles in the first quarter of this year was 13,980 units, down from 17,541 units in the fourth quarter of last year . But an increase of almost 50% from 9,400 units in the same period last year. % The number of vehicles delivered in the first quarter was 13,588 vehicles, down from about 14,000 vehicles in the fourth quarter last year.

Although Rivian’s production and vehicle deliveries fell in the quarter, they were up from 9,400 and 8,000 units, respectively, in the same period last year, which was in line with Rivian’s own forecasts.

Rivian’s performance in the first quarter of this year differed from market analysis. Its first-quarter vehicle deliveries were better than FactSet analysts’ forecast of 13,000 vehicles, but its production volume was below the consensus estimate of 14,250 vehicles from eight analysts surveyed. Visible Alpha.

Rivian warned in February this year that its vehicle delivery volume would decline 10% to 15% quarter-on-quarter in the first quarter of this year.the supply chainThe changes and use of new materials are estimated to affect only 13,500 vehicles. Rivian reiterated on the 2nd that its production target this year is about 57,000 vehicles, the same as last year. FactSet estimates Rivian will produce 54,000 vehicles this year.

Rivian is one of the few to take hold in the pure electric vehicle marketTeslaOne of the world’s largest carmakers, it has been struggling to expand production capacity since its listing in 2021. Earlier this year, layoffs and measures to freeze production capacity have been accompanied by a sharp decline in market value. The bumpy road to its operation was also highlighted.

Rivian’s stock price fell more than 5% in afternoon trading on the 2nd, and has fallen 53% by the close of trading on April 1 this year.

Cars (TagstoTranslate) Electric Vehicles (T) Tesla (T) Supply Chain