Tim Fallon, Rivian’s VP of Manufacturing, shared this look back at 2022, the company’s first full year of production, and a look ahead to 2023.
There is no question that 2022 was a challenging but fruitful year for Rivian, which manufactured 25,000 electric vehicles – 25,051 to be exact.
According to Insideevs, Twenty-four thousand three hundred thirty-seven were “factory gated,” while 20,332 were delivered to consumers.
They produced 200 vehicles in a day
The company’s manufacturing facility in Normal, Illinois, operates on two shifts and has already produced 200 vehicles in a single day.
Assuming that such a rate stays unchanged yearly, we’re talking about 70,000+ cars per year.
The next step will be to add a night shift to boost the production of electric vehicles, such as the Rivian R1T pickup, Rivian R1S SUV, and Rivian EDV vans.
We continue to see enormous growth and progress in every area of our business, and this is the direct result of our team’s incredible efforts every single day, We recently added a second shift at our plant, which means we can build vehicles around the clock and continue to ramp production
Rivian company stated on their growth and progress
Rivian’s outstanding progress
An equally important factor for Rivian is developments and changes made to all models, which, as we understand, are the outcome of learning from initial production and responding to some parts supply issues.
That is common for a young start-up, which must adapt some practices and designs to help improve cost efficiency.
New solutions, including powertrain and battery versions, are on the horizon, so this year should be very impressive for Rivian.
The improved production amount should aid in reducing the order stockpile (which, in the case of R1T/R1S pre-orders, exceeds 100,000) and bring the company one step closer to financial profitability, which is always the key to the company’s long-term future.
