Rivian has announced its Q3 2022 production and delivery numbers on Monday.
The Irvine, California-based company said it produced 7,363 R1T pickup truck and R1S SUVs at its factory in Normal, Illinois, for the quarter ending on September 30, 2022. That’s a 67% increase compared to the year-ago quarter.
Rivian said there are 6,584 vehicles delivered in Q3.
According to Rivian, it believes it is still on track to deliver 25,000 annual electric vehicles, based on its previous guidance. In order to hit this goal, Rivian must produce 10,687 cars in Q4 to achieve its goal.
Rivian will announce its Q3 earnings later this month and has yet to announce the date. In Q2, Rivian reported losses of $1.7 billion and said it expected to see a $5.4 billion loss in 2022.
Rivian is finally set to break ground on its long-awaited second U.S. production facility, a massive $5 billion EV factory east of Atlanta, Georgia, on Tuesday, September 16. The 2,000-acre site, located across Walton and Morgan counties, is expected to become one of the largest economic development projects in Georgia’s history, with plans for 20 […]
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Rivian is growing its manufacturing site in Normal, Illinois, to prepare for production of its new R2 electric SUV, which is expected to launch in 2026. The company is adding a 1.1 million square-foot building to its existing 4.3 million square-foot facility, which already produces the R1 series and electric delivery vans. Once the expansion […]