Before 2022, Rivian will deliver over 1,000 production R1T EV trucks as Pre-orders are booming. - E-Vehicle

Before 2022, Rivian will deliver over 1,000 production R1T EV trucks as Pre-orders are booming. – E-Vehicle

April 8, 2022

Posted by: Evehicle

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Rivian has filed a lot of documentation with the Securities and Exchange Commission as it draws closer to announcing its official initial public offering (IPO) date. A document describing October production levels and plans for the rest of the year is included among the files.

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The first R1T rolled off the assembly line in Normal, Illinois on September 14, indicating that the business manufactured the R1T at a rate of roughly 3.8 per day for around 48 days (including weekends).
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Rivian claims to have produced and supplied 180 and 156 Rivian R1T electric pickups, respectively, as of the end of October.
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The R1S and the EDV, an electric delivery truck ordered mostly by Amazon, will be in production by the end of the year, which may surprise some.
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“Nearly all of these vehicles were delivered to Rivian employees, and we expect to ramp deliveries to third-party customers as we increase our production rate.” the company said of that production volume.
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Rivian say that “we plan to launch and commence customer deliveries for the R1S, a three-row seven-passenger sports utility vehicle (“SUV”) in December 2021 following the completion of ongoing vehicle validation and all required testing. By the end of 2021, we intend to produce approximately 1,200 R1Ts and 25 R1Ss and deliver approximately 1,000 R1Ts and 15 R1Ss.”
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More than 55,000 R1T or R1S preorders have been placed thus far. They claim they expect to complete such orders by the end of 2023. That’s on top of the 10,000 EDVs they’ll be producing in 2022.
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They also revealed that “ 10 EDVs will have been completed and delivered. This kind of production ramp-up is impressive, and we hope they can maintain it as demand rises.
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The company hopes to attain a maximum manufacturing pace of up to 200,000 vehicles by 2023 if the ramp-up continues.