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A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state.
Brian Cassella | Tribune News Service | Getty Images
Electric vehicle startup Rivian Automotive told investors in March that it will produce 25,000 vehicles in 2022. It has three months and a seemingly tall order to get there.
Through the end of September, Rivian had built just 14,317 electric vehicles — meaning that it will have to build about 10,700 more between now and the end of December to deliver on its promise to investors.
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Source cnbc.com
