Rivian announces further losses in the second quarter of 2022

Rivian announces further losses in the second quarter of 2022

If the corporation wants to fulfill its objective of 25,000 cars constructed this year, it will still need to produce 18,046 vehicles over the following eight months, or around 9,023 vehicles per quarter. That will be no easy undertaking, but it is not out of the question. Rivian said during its most recent earnings conference that it has received over 90,000 bookings for the R1T and R1S automobiles. The company now says that it has climbed to around 98,000 bookings.