Toronto, Ontario – Electric vehicle maker Rivian boosted its second-quarter delivery and production figures after a difficult period in production for the company with a loss of revenue in the first quarter.
Rivian announced the production of 4,401 vehicles between April 1 and June 30, 2022. This number represents a 72% increase in production, since only 2,553 were produced in the first three months of 2022.
Rivian was also able to increase shipments by 264%, with shipments increasing from 1,227 in the first quarter to 4,467 in the second quarter.
Despite this increase in production numbers and deliveries, Rivian remains below its production target of 25,000 vehicles for the year. In the first six months of the year, Rivian built nearly 7,000 vehicles. However, that means the automaker will have to build more than double the number of vehicles currently built this year.
Additionally, these numbers represent production and delivery done in the U.S. market only, as Canadian delivery of Rivian EVs has been potentially delayed until late 2023. These delivery dates represent nearly two years of delay, as the promised delivery of the vehicles to Canadians was originally September 2021.
The delay comes amid a shortage of microchips and various supply chain issues, as cited by the company. Surviving the pandemic, the war in Ukraine and financial crises around the world are also cited as potential reasons for the delay.