09
Nov
13:25
Rivian raises production guidance on ‘strong progress’
US all-electric vehicle manufacturer Rivian expects higher-than-anticipated production volume this year following a record-high performance in the third quarter, Kallanish reports.
The company has increased its 2023 production guidance to 54,000 vehicles. The upward revision, albeit small, is enabled by the ramp-up in its in-house motor line and the supply chain outlook.
In Q3, Rivian produced 16,304 units – marking its best-ever quarterly performance. In t…
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Very good overview of the weekly steel market.
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