Rivian has released its sales and production data for the year of 2023. The models are the R1T pickup (pictured above) and the R1S SUV (below). So how is Rivian faring getting cars to customers?
Deliveries: 50,122 vehicles, up 147% from 2022. Q4 was up 73% on the equivalent period a year earlier but down 10% compared to Q3 2023. That meant the Q4 share of the year's deliveries was 27.9%.
Production: 57,232 vehicles were manufactured, up 135% compared to 2022. This exceeds the company's expected production of 50,000 units. 17,541 cars were manufactured in Q4, up 75% on Q4 2022 and an 8% increase over Q3 2023.
Some have been disappointed with the numbers but this is to be expected due to ironing out issues that crop up for what is a new operation. There was also a technology upgrade that reduced the production of one of the two models at the beginning of the year.
Whatever the situation, the trajectory is on the up and 2024 will be revealing as to whether that will continue.
Data source: Rivian.
No comments:
Post a Comment