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 mentioned these numbers “stay consistent with the corporate’s expectations,” and that Rivian is on monitor to ship 50,000 autos this 12 months, consistent with beforehand launched annual steering.

Rivian EDV700

The Q2 numbers embody 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 presently 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 automobiles is tough.

2023 Rivian R1S

Some elements might now be working in Rivian’s favor, although. The beginning of Rivian’s personal Enduro modular motor models has seemingly helped increase manufacturing numbers. The R1S and R1T stay eligible for $3,750 beneath the revised EV tax credit score, and which may additionally play a task in maintaining supply numbers up. Rivian final 12 months dropped probably the most reasonably priced variations of those vans.

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