It is official: Rivian has constructed 100,000 electrical automobiles.
Rivian CEO RJ Scaringe revealed the information on rival CEO Elon Musk’s social media platform X. The submit exhibits off considered one of Rivian’s R1S electrical SUVs in stunning Glacier White, furnished with a banner studying “Constructed with Regular satisfaction” neatly positioned throughout the windshield.
100k Is Simply The Begin
Rivian’s first 100,000 automobiles might have been a problem, however that is solely the beginning of what may very well be explosive future progress. With the lower-cost R2 and R3 platforms on the horizon, the automaker might quickly expertise its “Mannequin Y second.”
The EV startup started delivering automobiles to clients in September of 2021, that means it took round 2.5 years to succeed in the 100,000-unit milestone. Its climb to 100,000 proves that scaling up a brand new automotive firm might be each tough and include exponential progress as a result of greater than half of these automobiles—57,232 models—have been inbuilt 2023 alone.
Rivian hasn’t revealed what number of automobiles have been constructed on its consumer-facing R1 platform. Along with the R1T and R1S, Rivian additionally manufactures business-to-business EDV and ECV industrial vans, that are bought to fleet clients like Amazon. The automaker tells InsideEVs that it doesn’t differentiate between fashions for publicly reported manufacturing figures.
Amazon has beforehand dedicated to buying 100,000 EDVs from Rivian. In October 2023, Amazon stated that it had round 10,000 of those automobiles on the street and plans to proceed its deployment by way of 2030.
100,000 automobiles is nothing to shake a stick at. That is an enormous accomplishment. However it’s value noting that not all the automobiles that Rivian produced have been delivered to clients. Rivian’s quarterly gross sales figures revealed that of the 96,500 automobiles produced on the finish of Q1, roughly 11,600 models (12%) had but to be delivered.
Rivian’s progress is predicted to proceed. The automaker just lately revealed its $45,000 R2 electrical SUV which is deliberate to enter manufacturing someday in 2026. The R2 is anticipated to be Rivian’s “Mannequin Y second,” accelerating gross sales by providing a extra inexpensive entry to its automobiles.
It additionally has a smaller car within the works. The lovable R3 and rowdy, performance-focused R3X have been teased concurrently the R2, touting both a decrease entry value (R3) or an enthusiast-focused providing (R3X) to attract in much more clients.
All of because of this Rivian’s first 100,000 automobiles could be the beginning for the corporate’s explosive progress potential—so so long as it might maintain itself till manufacturing of the R2 and R2 formally begins. Ought to the automaker proceed to supply and promote its automobiles in massive volumes, the corporate may very well be one of many first electrical car startups to reach the U.S. apart from Tesla.