Automotive

Rivian Q1 Reports

Rivian Investors are like — “You go to your assembly plant and think about what you’ve done.”
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Rivian Q1 Reports

Despite supply chain issues, California EV startup Rivian announced they produced 2,553 vehicles in Q1. The company also reported 1,227 cars delivered in the same period. 

On track for 10,000? Rivian says they are in a position to produce their projected 25,000 vehicles this year. The company reported 83,000 reservations on their first model at the end of 2021, but has not reported how many remain after recent cancellations.

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