Rivian is starting to shed its vaporware status by getting actual trucks to customers
Rivian's promise to upend the auto industry with beautifully designed emissions-free, adventure-themed trucks and SUVs was almost dependent on the company's ability to deliver actual vehicles to actual customers. And, in that respect, Rivian is getting slightly better.
The company announced that it had produced 4,401 vehicles during the second quarter of 2022, a 72 percent increase over the previous quarter. It also delivered 4,467 vehicles to customers, a 267 percent increase over the first quarter. How many of those vehicles were R1T electric trucks and how many were its electric delivery vans (EDV) for Amazon, we can't say - Rivian didn't provide a breakdown.
The company hasn't said when it will report its Q2 earnings, but there...