RIVIAN PLANS TO PRODUCE 18K VEHICLES IN 2022

Rivian Automotive announced Thursday its second quarter financial results reporting revenue of $364 million

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The annual production guidance of 25,000 units after producing fewer than 7,000 in the first half of 2022.

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The company added that “Supply chain continues to be the limiting factor of our production”.

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As of June 30, we had about 98,000 net preorders and reservations for our R1 vehicles.

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Amazon to announce the formal rollout of EDVs to locations across the country.

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