Investing
Rivian sticks to 50,000 vehicle production target for 2023
© Reuters. FILE PHOTO: The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. REUTERS/Mike Blake//File Photo
(Reuters) -Rivian Automotive Inc on Friday said it was sticking to its official production forecast of 50,000 vehicles in 2023.
A company spokesperson said that comments about 62,000 vehicles, reported by Bloomberg, were from an internal meeting and taken out of context.
Earlier this week, Rivian said it aimed to produce 50,000 cars this year, below analysts’ estimate of 67,170 units, according to Visible Alpha.
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