Rivian (NASDAQ:RIVN) produced 10,020 vehicles in the fourth quarter and delivered 8,054 vehicles

Electric car maker Rivian Automotive (NASDAQ:RIVN) said in a filing late Tuesday that the company had failed to meet its full-year production target of 25,000 units in 2022. Rivian said that after cutting its original production forecast of 50,000 vehicles in half in mid-2022, the company’s current only plant, the Normal, Illinois, plant produced 24,337 vehicles and delivered 20,332 vehicles in 2022. In the fourth quarter, the company produced 10,020 vehicles and delivered 8,054 vehicles.

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