Rivian’s VP of Manufacturing Tim Fallon shared this look again at 2022 – the corporate’s first full yr of manufacturing, and a view forward to 2023.

There are not any doubts that 2022 was a really difficult, but additionally a fruitful yr for Rivian, which in response to the video produced 25,000 electrical autos – 25,051 to be exact. Out of that, 24,337 had been “manufacturing unit gated”, whereas 20,332 had been delivered to prospects.

The corporate’s manufacturing plant in Regular, Illinois runs two shifts and already achieved a document of 200 autos produced in a single day. Assuming that such a fee could be fixed all year long, we’re speaking about roughly 70,000+ autos yearly.

The subsequent step would be the addition of an evening shift to additional enhance the manufacturing of electrical autos – Rivian R1T pickup, Rivian R1S SUV and Rivian EDV vans.

“We proceed to see monumental development and progress in each space of our enterprise, and that is the direct results of our staff’s unimaginable efforts each single day.

We not too long ago added a second shift at our plant, which suggests we will construct autos across the clock and proceed to ramp manufacturing.”

An equally vital factor for Rivian is enhancements and modifications utilized to all fashions, which – as we perceive – are the results of studying from the preliminary manufacturing, in addition to responses to some elements provide constraints. That is regular for a younger start-up, which should regulate some processes and designs to enhance the general value effectivity.

On the horizon are new options, together with powertrain and battery variations, so this yr additionally must be very attention-grabbing for Rivian.

The elevated manufacturing quantity ought to assist to scale back the order backlog (which within the case of R1T/R1S pre-orders exceeds 100,000) and convey the corporate a step nearer to monetary profitability, which is at all times is the important thing for the long-term future.