Rivian R1 reservations are rising based on the company’s Q3 2021 Shareholder Letter. Rivian recently held its first Earnings Webcast, providing some updates for investors.
Rivian reported an increasing preorder customer base between the end of Q3 2021 to December 15, 2021 for its R1 vehicles, the R1T pickup truck and the R1S SUV. At the end of the third quarter, in September 30, 2021, Rivian had approximately 48,000 R1 preorders from customers in the United States and Canada, but by mid-December, this number has grown to 71,000 preorders.
“Since then, we have seen accelerated growth in the daily number of preorders due to media attention and the positive experience consumers and the media have had with our R1 vehicles,” Rivian reported. “As of December 15, 2021, we had approximately 71,000 R1 preorders.”
Rivian’s numbers show R1 preorders increased by 48% in two and a half months since Q3 ended. Increasing preorders is a good sign for the company’s future.
Rivian currently has three certified vehicles for sale in the United States. Besides that R1T and R1S, the EV manufacturer also produces an electric delivery van for Amazon. Company filings revealed that Rivian is prioritizing the production of the Amazon delivery van for now.
Rivian’s primary production facility in Normal, IL has a planned annual capacity of up to 200,000 units. The company appears to have plans to expand its factory in Normal. Rivian also recently announced the construction of another production plant in Atlanta, Georgia, starting in the summer of 2022. The carmaker aims for a 400,000 annual production capacity at the Georgia production plant. The new facility is projected to employ more than 7,500 employees.
Rivian also plans to produce battery cells in Georgia. The company plans to invest in vertical integration to improve its products and cost-efficiency. It will concentrate and develop several core vehicle technologies, including battery cell chemistry development, raw material sourcing, and in-house cell manufacturing.
The Teslarati team would appreciate hearing from you. If you have any tips, reach out to me at [email protected] or via Twitter @Writer_01001101.
buy lasuna pills – oral himcolin buy himcolin tablets
purchase besifloxacin sale – brand besivance sildamax for sale
gabapentin price – order sulfasalazine without prescription azulfidine 500mg cost
colospa pills – order generic etoricoxib 60mg buy pletal without a prescription
buy celecoxib – brand urispas order generic indomethacin
buy rumalaya without prescription – buy rumalaya cheap purchase elavil sale
generic voltaren 50mg – buy aspirin 75 mg pills buy generic aspirin for sale
brand mestinon – order pyridostigmine generic buy cheap imuran
voveran buy online – buy imdur medication purchase nimodipine pills
order mobic online cheap – buy maxalt 5mg generic how to buy toradol
where can i buy cyproheptadine – periactin 4mg brand tizanidine 2mg usa
how to get trihexyphenidyl without a prescription – order cheap voltaren gel purchase diclofenac gel sale
buy accutane 40mg for sale – aczone 100mg without prescription deltasone 10mg cheap
buy acticin sale – benzoyl peroxide order cost tretinoin gel
deltasone 5mg usa – buy zovirax cream order elimite generic
flagyl 200mg pill – purchase cenforce generic cenforce drug
betamethasone 20 gm ca – differin cream buy benoquin medication
augmentin 375mg uk – augmentin 625mg over the counter order synthroid 75mcg
buy clindamycin online cheap – buy generic cleocin 300mg indomethacin 50mg capsule
crotamiton uk – order bactroban ointment online cheap purchase aczone sale
zyban 150mg oral – ayurslim online buy shuddha guggulu tablets
provigil 100mg tablet – phenergan cost meloset generic
progesterone 200mg over the counter – cheap clomiphene buy clomiphene generic
aygestin without prescription – generic careprost order yasmin without prescription
alendronate 35mg oral – generic tamoxifen 10mg provera order online
buy dostinex no prescription – purchase cabgolin online alesse online order
г‚·гѓ«гѓ‡гѓЉгѓ•г‚Јгѓ«йЂљиІ©гЃ§иІ·гЃ€гЃѕгЃ™гЃ‹ – г‚їгѓЂгѓ©гѓ•г‚Јгѓ« е‰ЇдЅњз”Ё г‚·г‚ўгѓЄг‚№ гЃ®иіје…Ґ
eriacta kid – zenegra pills size forzest resolve
гѓ—гѓ¬гѓ‰гѓ‹гѓійЊ 20 mg еј·гЃ• – гѓ‰г‚シサイクリン её‚иІ© гЃЉгЃ™гЃ™г‚Ѓ イソトレチノイン通販おすすめ
buy indinavir pills – buy crixivan online cheap order diclofenac gel online cheap
provigil 100mg pill – lamivudine price oral combivir
valif online horn – secnidazole order online order sinemet 10mg generic
buy ivermectin 3mg for humans – carbamazepine oral tegretol brand
phenergan pills – ciplox 500mg without prescription purchase lincocin