Rivian recently held its first-quarter earnings call, during which the company emphasized several milestones. One of the highlights was the cumulative miles driven by its R1T, R1S, and electric delivery van (EDV) vehicles, which exceeded 900 million.
CEO Scaringe also mentioned the company’s growing brand awareness and market position. Additionally, Rivian reported a significant increase in demo drivers, reaching 20,000 in the first quarter, marking a 90% rise from the previous quarter in 2023.
Overall, the call showcased Rivian’s progress and achievements in the electric vehicle industry. This demonstrates the company’s growing presence and success in the market, as well as the increasing interest in its vehicles.