Rivian has simply launched its quarterly electrical car manufacturing and supply numbers for the second quarter of 2023, which turned out to be one of the best to date.
Through the second quarter of 2023, the corporate produced at its manufacturing facility in Regular, Illinois, 13,992 battery electrical automobiles (BEV), which is 218 p.c greater than a yr in the past and, in fact, a brand new report. The earlier greatest outcome was 10,020 models in This fall 2022 so we’re speaking a few noticeable enhance.
When it comes to car deliveries, Rivian experiences 12,640 models (up 183 p.c year-over-year). On this case too it is a new all-time report, much better than the earlier one from This fall 2022 (8,054).
Rivian doesn’t disclose the numbers for explicit fashions, so these are the overall 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)
Up to now this yr, Rivian produced over 23,000 electrical automobiles and delivered greater than 20,000, which in each circumstances means outcomes over thrice greater 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 strong 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 prospects.
In its assertion, Rivian briefly repeated its manufacturing goal of fifty,000 electrical automobiles in 2023. Contemplating the latest manufacturing price, it seems very doable.
“These figures stay consistent with the corporate’s expectations, and it believes it’s on observe to ship on the 50,000 annual manufacturing steering beforehand supplied.”
Cumulatively (since Q3 2021), Rivian produced practically 49,000 electrical automobiles and delivered virtually 42,000. Many of the manufacturing to date 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 have been delivered (out of as much as 100,000 contracted). Some updates on this is likely to be launched on August 8, 2023 once we see the monetary report.
One of the vital necessary information in latest weeks, associated to Rivian, was its determination to change to Tesla’s North American Charging Commonplace (NACS) charging connector, beginning in 2025.
Subsequent yr, the corporate will acquire entry to the Tesla Supercharging community. Nonetheless, the enlargement 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 will likely be accomplished on time.