Component availability issues persist.
For the relatively young American company Rivian, the situation with an increase in the planned number of electric vehicles produced this year would not be quite typical, since such startups are more likely to hear about adjusting the output program downwards, so Reuters undertook to find out how reliable the information disseminated on the eve of Bloomberg about Rivian is ready to increase its EV production plan for this year from 50,000 to 62,000 units.
Image Source: Rivian
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The publication summarizes that the mention of Rivian’s ability to produce 62,000 electric vehicles this year was taken out of the context in which it was mentioned by management when communicating with the company’s staff, and the official goal remains the same – 50,000 electric vehicles by the end of the current year. As it turns out, Rivian’s ability to produce more electric vehicles continues to be affected not only by disruptions in the supply of components, but also by bad weather. Combined with investors’ concerns about the negative impact of the difficult macroeconomic situation on demand, this sent Rivian’s share price down 7.6% after rising 11% as a result of Bloomberg’s information about the upcoming increase in production volumes.
