Rivian Automotive, which said earlier this week along with earnings that it sees 50,000 vehicles produced this year ,has told staff that production of 62,000 electric vehicles is possible in 2023, a boost from the output target it told shareholders earlier this week, Bloomberg’s Edward Ludlow reports, citing people familiar with the matter. The company’s production plan is to make as many as 62,000 vehicles, executives told workers at an all-hands meeting on Friday, the author says. Rivian shares are up nearly 10% after the news. See today’s best-performing stocks on TipRanks >>
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