Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages.
The startup-turned-public company remained committed to its production goal even as industry-wide challenges, supply chain snarls and macroeconomic forces have conspired this year to keep automakers from satisfying a strong consumer appetite for cars, trucks and SUVs.
Rivian reported that its third-quarter production rose 67% over the same period a year ago, for a total count of 15,000 vehicles,
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