Startup EV manufacturer Rivian accelerated production by 67% in the third quarter, with more than 7,300 electric trucks rolling off the line at its Normal, Illinois plant.
Rivian, which has had a slower-than-expected ramp-up amid the global semiconductor shortage, is on pace to build a lowered target of 25,000 vehicles in its first full year of production, the company said in a news release Monday.
The California-based company launched production at the converted Mitsubishi factory in September 2021. The plant, which has more than 6,000 employees and an annual capacity of 150,000 vehicles, has built 14,317 vehicles this year, including R1T pickups, R1S SUVs and Amazon delivery vans.