The Irvine-based EV maker expects to build some 50,000 vehicles this year, double its production volume in 2022
Rivian Automotive Inc. is rapidly ramping up production of its electric SUV, which the company’s chief financial officer says is on track to overtake output of the startup’s plug-in pickup this quarter.
“We’ve seen significant progress in our ramp of R1S,” CFO Claire McDonough said Thursday at a Deutsche Bank AG conference. “It’ll be the first quarter in which R1S will be the majority of our production volume.”
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