Rivian's Latest Announcement Brings Encouraging News for Vehicle Pre-Orders - Total Production Figures Expected to Surpass 50,000 Vehicles in 2022

Rivian's Latest Announcement Brings Encouraging News for Vehicle Pre-Orders - Total Production Figures Expected to Surpass 50,000 Vehicles in 2022
Electric SUV maker Rivian stalls out after hot IPO - The Washington Post

Rivian, an American electric vehicle (EV) maker, recently announced that it expects to produce 25,000 vehicles in 2022 and 50,000 in 2023. This news was welcomed by those who pre-ordered the R1T with Max Pack before April 1, 2022 as they should see their vehicles delivered in 2023.

The announcement also noted no issues with battery supply which is a major factor when producing EVs. However, the 25,000 figure only applies to the R1T and R1S models and does not include the 10,000 Electric Delivery Vehicles (EDVs). It is unclear how many EDVs are promised for 2023.

When Rivian initially made its announcement in March 2021, it stated that it would cut total vehicle production from 50,000 units in 2022 to 25,000. Most articles did not make any distinction between R1 and EDV production so this new information comes as good news.

Those who pre-ordered the R1T Max have been given a delivery window of first half of 2023 but some fear this may slip due to lack of information on Max pack production.

A Wall Street Journal article quoted Rivian's recent announcement but unfortunately it is behind a paywall. If the 25k figure only applies to R1 production then total vehicle production for 2022 would be substantially greater than 25k.

Overall, Rivian’s latest announcement is promising news for EV enthusiasts who have pre-ordered their vehicles. The company has demonstrated performance of its processes and equipment which is in line with expectations and it will be interesting to see if the total number of vehicles produced surpasses 50,000 in 2022.

It is also worth noting that Rivian has not yet released any information on the production of its EDV models. This could be a major factor in determining total vehicle production for 2022 and 2023.

Rivian’s announcement is certainly encouraging news for those who have pre-ordered their vehicles, but it remains to be seen if they will meet their targets or exceed them. It will also be interesting to see how many EDVs are produced in 2022 and 2023 as this could significantly increase total vehicle production figures.

How many vehicles will Rivian produce in 2022?

Rivian expects to produce 25,000 vehicles in 2022, including 10,000 electric delivery vans (EDVs).

How many vehicles will Rivian produce in 2023?

Rivian expects to produce 50,000 vehicles in 2023. This includes those who pre-ordered before April 1, 2022.

What is the delivery window for a pre-order of an R1T Max?

The delivery window for a pre-order of an R1T Max is the first half of 2023. However, there may be delays due to lack of information on Max pack production.

Is there any issue with battery supply?

According to the article, Rivian notes no issues with battery supply.

Does the 25,000 vehicle projection include EDVs?

Yes, the 25,000 vehicle projection includes 10,000 EDVs. It is unclear how many EDVs are promised for 2023.

What other vehicles does Rivian produce?

Rivian produces the R1T pickup truck and the R1S SUV. They also produce the Amazon delivery vans, which are electric.

What is the range of the R1T?

The R1T has a range of up to 400 miles on a single charge. It can go from 0-60 mph in 3 seconds.

What type of battery does the R1T use?

The R1T uses a 180 kWh lithium-ion battery pack. This is made up of thousands of individual cells that are arranged into modules.

How much does an R1T cost?

The base model of the R1T starts at $67,500. The Max version starts at $75,000.

Is there any way to get a discount on an R1T?

Yes, Rivian offers discounts for those who pre-order before April 1, 2022. Additionally, they offer discounts for military personnel, first responders, and educators.