Rivian delays R1S deliveries on account of provide chain points

Rivian delays R1S deliveries on account of provide chain points


Rivian despatched letters to R1S Launch Version reservation holders earlier this week, telling them their deliveries could be delayed. The corporate pushed again R1S deliveries a couple of months. 

Members of the Rivian Boards shared that the majority deliveries have been pushed again towards the top of the 12 months, between October to December 2022. Nevertheless, some R1S reservation holders reported receiving earlier supply dates. 

One member in Denver stated his R1S supply date was moved between August to September 2022. One other said that his R1S Launch Version supply was moved from April-Could 2022 to August-September 2022, so Rivian’s backlog may not be that lengthy. A 3rd reservation holder said that his letter merely said that his R1S could be delivered in This autumn 2022. 

Rivian readily defined why it was delaying deliveries of the R1S Launch Version in its letter. It shared that provide chain challenges contributed to the delay. 

“As we’ve continued to navigate a decent provide chain, we’ve needed to scale back complexity wherever attainable, together with prioritizing sure construct mixtures over others,” elaborated Rivian. 

In its Q1 2022 Shareholders Letter, Rivian stated it was experiencing elevated logistics prices attributable to provide chain challenges. The corporate believed provide chain constraints could be a limiting issue to its manufacturing however reaffirmed its 2022 annual manufacturing goal of 25,000 automobiles. 

The EV producer plans to prioritize deliveries primarily based on location. Reservation holders who reside in areas with a stable EV service infrastructure can count on their deliveries sooner.

“We proceed to prioritize deliveries in places the place service infrastructure is in place in order that we will present the complete possession expertise to Rivian homeowners from day one,” stated Rivian in its letter. 

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Rivian delays R1S deliveries on account of provide chain points


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October 2022