Rivian has simply launched its quarterly electrical automobile manufacturing and supply numbers for the second quarter of 2023, which turned out to be the very best thus far.
Throughout the second quarter of 2023, the corporate produced at its manufacturing facility in Regular, Illinois, 13,992 battery electrical automobiles (BEV), which is 218 % greater than a yr in the past and, in fact, a brand new document. The earlier greatest end result was 10,020 models in This autumn 2022 so we’re speaking a few noticeable enhance.
When it comes to automobile deliveries, Rivian stories 12,640 models (up 183 % year-over-year). On this case too it is a new all-time document, much better than the earlier one from This autumn 2022 (8,054).
Rivian doesn’t disclose the numbers for specific fashions, so these are the full values of three BEVs: R1T pickup, R1S SUV, and EDV vans for Amazon. As we perceive, the R1T and R1S stay the top-selling Rivian mannequin, however there isn’t a official affirmation.
Rivian Q2 2023 outcomes:
- Manufacturing: 13,992 (up 218% year-over-year)
- Deliveries: 12,640 (up 183% year-over-year)
Thus far this yr, Rivian produced over 23,000 electrical automobiles and delivered greater than 20,000, which in each instances means outcomes over 3 times increased than a yr in the past.
Rivian outcomes year-to-date in 2023:
- Manufacturing: 23,387 (up 236% year-over-year)
- Deliveries: 20,586 (up 262% year-over-year)
The final quarter was very stable for the corporate, which inspires us that the ramp up accelerated.
For reference, in 2022, Rivian produced 24,337 electrical automobiles and delivered 20,332 to clients.
In its assertion, Rivian briefly repeated its manufacturing goal of fifty,000 electrical automobiles in 2023. Contemplating the latest manufacturing fee, it seems very doable.
“These figures stay in step with the corporate’s expectations, and it believes it’s on observe to ship on the 50,000 annual manufacturing steering beforehand offered.”
Cumulatively (since Q3 2021), Rivian produced almost 49,000 electrical automobiles and delivered nearly 42,000. Many of the manufacturing thus far was for the US market (deliveries in Canada began in November 2022).
We do not know what’s the present reservation quantity for the R1T/R1S automobiles, in addition to what number of vans for Amazon had been delivered (out of as much as 100,000 contracted). Some updates on this is likely to be launched on August 8, 2023 after we see the monetary report.
One of the crucial necessary information in latest weeks, associated to Rivian, was its resolution to change to Tesla’s North American Charging Customary (NACS) charging connector, beginning in 2025.
Subsequent yr, the corporate will achieve entry to the Tesla Supercharging community. Nonetheless, the growth of its personal Rivian Journey Community (RAN) of DC quick charging factors will proceed. The unique goal was to deploy 3,500 quick chargers at 600 websites throughout North America by the top of 2023, however we doubt that it is going to be accomplished on time.
