Rivian plans to build 50,000 vehicles this year, significantly less than many analysts had expected, and largely because of supply chain issues.
During the company’s letter issued to shareholders for the fourth quarter of 2022, the electric vehicle startup noted that it produced 10,020 vehicles in Q4 and delivered 8,054 vehicles. It added that the “supply chain continues to be the main limiting factory of our production” and said that challenges will persist into 2023. However, Rivian does expect supply chain shortages to be more predictable this year.
The new Enduro powertrain from Rivian will consist of an enlarged battery pack and two electric motors to provide as much as 390 miles of range, significantly more than the EPA range of 321 miles of the current flagship R1S. This new powertrain
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