EV Startup Rivian Missed 2022 Production Target

Rivian Automotive Inc. fell in need of its 25,000-vehicle production target for 2022, capping a difficult yr for the electric-truck startup. 

Rivian stated in a regulatory submitting that it produced 10,020 accomplished autos within the last three months of 2022, bringing its whole for the yr to 24,337. The corporate delivered 20,332 of these autos to clients.

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