1 year ago
96 Workers inspect a Rivian R1T electrical conveyance (EV) pickup motortruck connected the assembly enactment astatine the company's manufacturing installation successful Normal, Illinois, US., connected Monday, April 11, 2022.
Jamie Kelter Davis | Bloomberg | Getty Images
Electric conveyance shaper Rivian Automotive said Monday that it produced implicit 7,000 vehicles successful the 3rd quarter, its highest quarterly full to date.
The institution besides confirmed that it remains connected way to nutrient 25,000 vehicles successful 2022.
Shares of Rivian were up astir 7% successful after-hours trading pursuing the news. The banal had closed much than 3% little during the regular trading session.
Rivian said successful a connection that it produced a full of 7,363 vehicles astatine its Illinois mill successful the 3rd quarter, and that 6,584 vehicles were delivered to its customers during the period.
Rivian presently makes the R1T pickup, the R1S SUV and transportation vans for Amazon astatine its mill successful Normal, Illinois. The institution didn't interruption retired accumulation oregon deliveries by model.
Rivian had primitively expected to physique 50,000 vehicles successful 2022. But it halved that guidance successful March, saying astatine the clip that planetary supply-chain issues had "added a furniture of complexity" to its program to summation production.
The institution confirmed Monday that it inactive expects conscionable that extremity of 25,000 this year.
Year to date, done the 3rd quarter, Rivian has produced 14,317 vehicles.
