Moreso than most automakers, Rivian has had a troublesome 2022. At the beginning of the 12 months, the corporate, blaming inflation and element shortages, raised the bottom worth of its quad-motor R1T pickup truck by a whopping $12,000. And whereas it went on to rapidly backtrack, the choice led to a shareholder lawsuit. 

Despite these early woes, Rivian says it’s nonetheless on monitor to provide 25,000 autos in 2022. The firm reiterated the prediction in a it shared on Wednesday. Rivian mentioned it constructed 4,401 , R1S SUVs and at its manufacturing unit in Normal, Illinois and delivered 4,467 autos throughout fiscal Q2.

“Supply chain and production are ramping,” Rivian CEO RJ Scaringe after the announcement. “We just announced production of 4,401 vehicles for Q2 bringing our cumulative total since start of production to 7,969 — keeping us on track to reach our year-end goals.”

While 4,401 autos is a modest tally, it’s an enchancment for Rivian. In the primary three months of the 12 months, the startup . Just as noteworthy is that the corporate managed to scale manufacturing whereas dealing with lots of the identical points which have slowed its competitors. On Saturday, Tesla its first quarter-over-quarter manufacturing decline in two years. In Q2, the corporate noticed a 15 % drop in manufacturing quantity resulting from ongoing elements shortages and a number of COVID-19 shutdowns at its essential Shanghai Gigafactory.

Increasing manufacturing capability might be essential to Rivian’s survival. In addition to an roughly 71,000 car preorder backlog, the corporate has a order it wants to meet for minority . Late final 12 months, Rivian introduced it might construct a second manufacturing unit in , however that facility gained’t be operational till someday 2024. Until then, the startup relies on its single manufacturing unit in Normal, which it says will ultimately produce 200,000 autos yearly.