Rivian Confirms It is on Track to Build 25,000 Electric Vehicles This Year
2022 Rivian r1t Launch Edition, Rivian confirmed it is on track to build 25,000 vehicles in 2022, in line with reduced guidance issued in March. Rivian delivered 4,467 electric trucks and SUVs to customers in the second quarter.
Rivian R1T electric trucks remained produced on April 11, 2022, at the Company’s plant in Normal, Illinois. Electric vehicle startup Rivian Automotive said it made more than 4,000 vehicles in the second quarter and remains on track to build 25,000 cars by 2022. Rivian shares opened sharply higher and maintained gains, ending the day at $29.66, up 10.4%.
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The Company Did not Break Down Production or Deliveries by Model.
The Company said at its IPO roadshow last year that it expected to build 50,000 vehicles by 2022. But it cut that forecast in half in March, saying ongoing global supply chain woes had “added a layer of complexity” to its plans. Efforts to boost production. The Company said Wednesday that it still expects to make 25,000 vehicles this year.
Although Still Small,
the electric pickup truck market remains expected to increase in the coming years. Ford Motor said Tuesday that it sold 1,837 of its electric F-150 flashes of Lightning in June and has sold 2,296 in total since production began in late May. From the start of production in late 2021 through the end of June, Rivian produced 7,969 vehicles.
What Does the Launch Edition of R1T Include?
In recent years, we’ve seen an emerging trend for new vehicles. When a manufacturer introduces a model, offering some First Edition or Launch Edition model remains expected. In addition, these models usually come with a few exclusive features, such as a unique exterior color, specific badging, and sometimes a slightly discounted option package. The Rivian R1T Launch Version checks all those boxes.
Our R1T comes with four-wheel drive with a quad electric motor, delivering a staggering 835 horsepower and 908 pound-feet of torque. We also have Rivian’s large battery pack (135 kilowatt-hours), the second largest of the three planned batteries. It will eventually remain joined by the Standard (105 kWh) and Max (180 kWh) packs. The large package offers 314 miles of range on a single charge, rendering to EPA estimates. We verified that the R1T could meet that approximation in the real world. Albeit through a small margin, we traveled 317 miles on a single charge.
What Would You Do if you Controlled a Rivian R1T?
We have some plans cooking up aimed at our OG Green truck, but we’d love to catch what you’d like to see us do with it. What kinds of examinations should we subject it to? Crash tests aside. We’re pretty game for anything. Consider our suggestion books open.
If you are interested in buying a Rivian R1T truck, you will currently be put on a seemingly indefinite waitlist. However, if you are waiting to take possession of your R1T, an interesting workaround could get you behind the wheel of an R1T in the next six to eight weeks.
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