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Rivian Now Says It Will Make Fewer Electric Vehicles This Year Than It Did in 2023

Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. From a report: The news came as the company reported third quarter production and delivery numbers that came in below analyst expectations. Rivian says it expects to produce between 47,0...

Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. That number was flat from the previous year, when the company produced 57,232 vehicles and delivered 50,122. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues," the company added.

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