Wednesday, June 19, 2024
NewsRivian Expects to Deliver 25,000 Vehicles this Year

Rivian Expects to Deliver 25,000 Vehicles this Year

Global supply chain issues slashed Rivian’s production plans for the year, but things are looking up


  • The original plan was to build 50,000 in 2022.

  • Since production began last November to the end of June, almost 8,000 vehicles have been assembled.


Despite numerous setbacks, Rivian remains a darling among EV start-up companies. Their monster IPO late last year brought boatloads of funds to the company which, at the time, expected to assemble and deliver 50,000 examples of its R1T truck and R1S SUV in 2022. That number was revised to 25,000 in March.

Rivian R1T | Photo: Rivian

The news hurt the automaker however Rivian has confirmed that they are in fact on track to deliver the update number. In the second quarter of 2022, between April and June, they produced just over 4,400 vehicles according to CNBC. In the first quarter, 2,553 vehicles rolled off the assembly line. The steady ramp-up lends credence to Rivian’s claim that will make 25,000 vehicles this year.

So far, dating back to the start of production which began in November, Rivian has built 7,969 vehicles. In this same period, they announced their plans for a second factory, a smaller R2 SUV, and launched their first recall among many other news stories.

Rivian Launches its First Recall Shortly After Reaching a Production Rate of 1,000 Units per Month

Advertisement

Trending Now

Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.