Rivian pushes forward with manufacturing regardless of provide chain issues

Now with 3.Three million sq. toes, the plant employs 5,000 folks and boasts manufacturing capability of 150,000 automobiles a 12 months. That ouput is split among the many R1T, R1S SUV and two sizes of EDV business vans for retailer Amazon.

However supply-chain shortages have held the plant again from its full potential. Rivan expects to make 25,000 automobiles this 12 months, which is about half of what it might produce with ample components provide, Scaringe mentioned.

“There’s 168 hours in per week,” he mentioned. “We’re utilizing a really small fraction of these hours. In order that’s by far our largest focus as a corporation — getting as many components as we probably can so we could be constructing extra automobiles.”

As of March 31, Rivian mentioned it had made 3,568 automobiles because the manufacturing unit’s opening in September 2021. The California-based startup didn’t break manufacturing down by mannequin, however the R1T was by far the most typical in the course of the manufacturing unit tour.

The R1T begins at $68,575, together with delivery, and could be pushed to greater than $100,000 for greater trims with expensive equipment. The R1S begins at $73,575 with delivery.

Rivian mentioned in March it had 83,000 reservations for the R1T and R1S, along with Amazon’s preliminary order for 100,000 vans.

“Demand is greater than we will produce, which is nice,” Scaringe mentioned. “The inverse to that is a lot worse — having extra provide than demand.”

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