Despite experiencing a semiconductor crisis like other manufacturers, Rivian is planning to produce 25,000 electric cars this year.
In the first quarter of 2022, the manufacturer from the United States prioritizes increasing production at the Normal plant, Illinois by producing 5,000 units of vehicles divided into several models. Like the Rivian R1T, R1S, and the EDV van for Amazon.
“These challenges continue to affect technical components such as semiconductors, as well as some non-semiconductor components. We were forced to stop production for a longer time than expected,” Rivian’s official statement said.
Rivian plans to produce 50,000 vehicles by 2022 before the onset of the crisis. In fact, the company already received more than 90,000 preorders for the Rivian R1T and R1S models as of May 9. Despite the price increase, Rivian has received more than 10,000 pre-orders in the US and Canadian markets.
Rivian is also finalizing his plan to set up a factory in Georgia. The company has received no less than $1.5 billion in state and local government incentives for the location. Rivian will also create 7,500 new workers in the factory as well as an additional 8,000 auxiliary workers. Where, this new factory will produce the upcoming Rivian R2 models, including an affordable midsize SUV. The product will be marketed globally.
For information, during the first quarter of 2022, Rivian produced 2,553 units and delivered 1,227 vehicles, and generated revenue of $95 million.
“Based on the demonstrated production levels and the progress we have seen at the production facilities, we believe that if all supply constraints are resolved, our plant will have the capability to operate at twice the current expected output for the remainder of 2022,” Rivian said in a statement. .
