Rivian Outsells Ford In US Electric Van Market: 68% Growth In 2024 Outpaces Legacy Rival

Quick Summary:

California-based EV startup Rivian Automotive (NASDAQ:RIVN) sold more electric vans last year in the U.S.than Dearborn-based legacy automaker Ford Motor Co (NYSE:F), according to recent data from automotive research firm Kelley Blue Book.

What Happened: As per the data, Rivian sold 13,560 electric delivery vans in 2024, marking a growth of 68% from the corresponding period of 2023.

Ford also witnessed a significant jump in its E-Transit electric van sales in the period but not enough to overtake Rivian.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: News F US3453708600 RIVN Tech Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 10:52:35 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 341 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25151935

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