Rivian production grows 67% in 3Q, confirms 2022 goals


Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022.

Jamie Kelter Davis | Bloomberg | Getty Images

Electric vehicle maker Rivian Automotive said Monday that it produced over 7,000 vehicles in the third quarter, its highest quarterly total to date.

The company also confirmed that it remains on track to produce 25,000 vehicles in 2022.

Shares of Rivian were up about 7% in after-hours trading following the news. The stock had closed more than 3% lower during the regular trading session.

Rivian said in a statement that it produced a total of 7,363 vehicles at its Illinois…


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