Rivian made progress ramping up EV manufacturing in Q2

Rivian constructed 13,992 autos and delivered 12,640 autos within the second quarter of 2023, the automaker reported Monday.

These new Q2 numbers are up considerably versus the 9,395 autos made and seven,946 delivered within the first quarter. And so they present that Rivian is not falling a lot farther behind on deliveries.

A Rivian press launch stated these numbers “stay in keeping with the corporate’s expectations,” and that Rivian is on observe to ship 50,000 autos this 12 months, in keeping with beforehand launched annual steerage.

Rivian EDV700

The Q2 numbers embrace the R1T electrical pickup truck and R1S electrical SUV for the retail market, together with the EDV lineup of electrical supply vans, and would not get away manufacturing and supply volumes by mannequin line. All autos are at the moment manufactured in Regular, Illinois, and can proceed to be till a deliberate second manufacturing facility in Georgia comes on-line.

Each Rivian and Lucid lower their manufacturing estimates final 12 months. The 2 EV hopefuls have been studying the identical lesson Tesla did with the lengthy ramp up of Mannequin 3 manufacturing, specifically that making vehicles is difficult.

2023 Rivian R1S

Some components could now be working in Rivian’s favor, although. The beginning of Rivian’s personal Enduro modular motor items has probably helped increase manufacturing numbers. The R1S and R1T stay eligible for $3,750 beneath the revised EV tax credit score, and that may additionally play a task in preserving supply numbers up. Rivian final 12 months dropped probably the most inexpensive variations of those vehicles.

The truckmaker has additionally confirmed the 390-mile R1S Max Pack for fall deliveries. However as CEO RJ Scaringe just lately defined, we cannot see off-road parlor tips just like the Tank Flip mode the corporate teased a couple of years in the past.