Ford (et al) versus Rivian 2022 deliveries & production numbers: no small accomplishment

[SeaGeo]

Looking at production statistics for EV SUVs and trucks in the US last year, compared to the non-Tesla incumbents, the significance of Rivian's accomplishment seems greatly underappreciated in the popular press. Rivian was very much in the game.

Rivian, a start-up, hit its 2022 target of producing 25K units in 2022. Deliveries hit 20,332 vehicles.

Ford delivered only 15K Lightnings last year, despite all its resources and experience.

Ford Mach E sales totaled 39,458.

GM managed to sell fewer than 1,000 Hummers.

Start-up Rivian EV deliveries in 2022 exceeded each of the incumbent Europeans, including giant VW. If one treats VW and Audi as one entity, Rivian's US deliveries of EVs were only slightly behind total deliveries by the European automotive giant. Not bad.

Audi: ~ 16,177
VW: ~ 11,000 (through Q3)
BMW: 15,584
Mercedes: ~8,000
Volvo: ~7,000

Audi has sold more EVs this year than VW sold ID.3 and ID.4 vehicles??

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[SeaGeo]

Does anyone outside Ford’s marketing department count the Mach E as an SUV? I like the Mach E but to me, it’s a stretch to even call it a CUV.

Not really going to argue with you there but its no less an SUV than an EV6 or a Model X/Y IMO. You could easily make the argument that the R1S is the only real EV "Sport" Utility Vehicle.

This all the way.

I keep telling people complaining about the IRS car/SUV debacle that all of the "SUV" EVs are hatchbacks/CUVs and the only real SUV EV right now is the R1S so be happy the IRS qualified any of them as an SUV.

 

[mkg3]

I think that the only meaningful comparison is between Rivian and other EV only startups or brands. All others are balancing profitability from ICE and EVs.

Also, it would be missed if you didn't include Polestar, who produced 50K EVs this year. 2x of Rivian with just Polestar 2.

 

[virgnia_rivian]

While RIVN doesn't break the numbers down by model, based off of what they've said and what Amazon has said, they likely produced about 3,000 EDV's and the rest were R1s.

I'd be curious to see Kia/Hyundai numbers since I'm seeing a lot of their EV's around.

 

[JJE]

Audi has sold more EVs this year than VW sold ID.3 and ID.4 vehicles??

Apparently so re Audoli (at least according to press reports). I was also surprised.

 

[MinnR1S]

While RIVN doesn't break the numbers down by model, based off of what they've said and what Amazon has said, they likely produced about 3,000 EDV's and the rest were R1s.

I'd be curious to see Kia/Hyundai numbers since I'm seeing a lot of their EV's around.

I would guess that number is 2-3x higher than 3,000 EDVs.
They likely could make more money off the amazon contract per vehicle and simpler to build.
The last drone fly over I saw had close to 2000 EDVs produced and sitting on the lot for shipping. They were intermixed with the R1's and were clearly at least half the units in each row.
I would guess they tried to get close to the 10,000 contract number for the year.

 

[rraj2k81]

It definitely looks impressive when you compare EV sales from legacy manufacturers to a startup like Rivian, but unlike Rivian none of those legacy manufacturers are dependent on exclusively producing EVs, and these legacy companies only get serious about EVs in 2022.

If we are going to compare numbers lets look at other EV manufacturers, especially some one like Polestar who started production and deliveries around the same time as Rivian, who did 50,000 deliveries, Globally.
And of course Tesla with 1.3 Million.
Company like Nio produced 106K! vehicles in 2022.

While Rivians numbers might look impressive, when you step back and look around, Rivian is still playing catch up. And they have a steep hill to climb in 2023.

 

[SANZC02]

It definitely looks impressive when you compare EV sales from legacy manufacturers to a startup like Rivian, but unlike Rivian none of those legacy manufacturers are dependent on exclusively producing EVs, and these legacy companies only get serious about EVs in 2022.

If we are going to compare numbers lets look at other EV manufacturers, especially some one like Polestar who started production and deliveries around the same time as Rivian, who did 50,000 deliveries, Globally.
And of course Tesla with 1.3 Million.
Company like Nio produced 106K! vehicles in 2022.

While Rivians numbers might look impressive, when you step back and look around, Rivian is still playing catch up. And they have a steep hill to climb in 2023.

I think you really should compare Rivian to Lucid, they are a more comparable company as they are new and building their own cars.

Nio started delivering cars in 2018 before CoVid, they built 12,775 and delivered 11,348 that year but they are paying Jac Motors to build them, they are not building their own.

Polestar probably should be compared more to a Ford or GM as they are owned by Volvo and been around as a company since 1996, they started delivering in 2020, had 29k delivered in 2021 and around 50k in 2022.

 

[the long way downunder]

Looking at production statistics for EV SUVs and trucks in the US last year, compared to the non-Tesla incumbents, the significance of Rivian's accomplishment seems greatly underappreciated in the popular press. Rivian was very much in the game.

Rivian, a start-up, hit its 2022 target of producing 25K units in 2022. Deliveries hit 20,332 vehicles.

Ford delivered only 15K Lightnings last year, despite all its resources and experience.

Ford Mach E sales totaled 39,458.

GM managed to sell fewer than 1,000 Hummers.

Start-up Rivian EV deliveries in 2022 exceeded each of the incumbent Europeans, including giant VW. If one treats VW and Audi as one entity, Rivian's US deliveries of EVs were only slightly behind total deliveries by the European automotive giant. Not bad.

Audi: ~ 16,177
VW: ~ 11,000 (through Q3)
BMW: 15,584
Mercedes: ~8,000
Volvo: ~7,000

"Hit" so long as hit means missed by 2.7% : )

 

[rraj2k81]

I think you really should compare Rivian to Lucid, they are a more comparable company as they are new and building their own cars.

Nio started delivering cars in 2018 before CoVid, they built 12,775 and delivered 11,348 that year but they are paying Jac Motors to build them, they are not building their own.

Polestar probably should be compared more to a Ford or GM as they are owned by Volvo and been around as a company since 1996, they started delivering in 2020, had 29k delivered in 2021 and around 50k in 2022.

Yeah you are right about Nio, and agree Lucid is a better comparison to Rivian, and they have struggled more than Rivian have.

Actually, I consider Polestar as a standalone company, because until Geely bought them with Volvo and spun them off as a standalone EV manufacturer, but as far as I know they never built cars. The Polestar 1 and then the Polestar 2 were the first two cars they built from scratch.

 

[Tejkalra]

Yeah. For example Ford sold ~5k eTransits in 2022. So your comparison is really:

Ford: 15k (Trucks) 40k (SUVs) and 5k (Vans) = ~60k vs Rivian's 24,337.

That said for the year I would be surprised if Rivian wasn't above 15k for trucks alone, so they are winning on that front but I suspect Ford will ramp quicker.

Rivian may be winning in Vans too but hard to say.

Who wins Who lose is not important right now. The thing who will survive in long run is important too. Supply chain is still messed up, even ford and others are struggling. So right now we don’t want ford to lose because its putting food on lots of table. We don’t want rivian to lose either as its new and trying its best to establish and also putting food on few tables as well. So lets not make it look like my truck is better then yours or your truck sucks. Ford is ford. Tesla is tesla, Toyota is Toyota and rivian is rivian. Each and everyone best and worst in there own way.

 

[DuoRivians]

Rivian is expected to produce at least 50k total vehicles in 2023, probably closer to 60k. In 2024, about 100k vehicles. So, they’re ramping up fast.

The way I see it, incumbent oems will produce EVs, but a good number will stumble, as they juggle issues around ice v EV culture, dealerships, non-vertically integrated software + hardware. Also, Toyota, Honda, Mazda, and basically all Japanese oems are way behind. Toyota’s ceo recently remarked that he’s convinced BEVs won’t gain meaningful market share. I think he’s wrong.

Apple is a wildcard too, if they decide to launch their own car.

Overall, if Rivian continues to execute well, I think they’ll make it and capture plenty of market share from existing oems. I think the purchasing power of oems is real now, but as companies deliver cars and if EVs really take off, the supply chain will adjust rapidly toward growth companies.

 

[NineElectrics]

Note, on a monthly basis Ford is already making more BEVs than Rivian. They’re at a 72K run rate as of November.

 

[VSG]

How many lines/shifts is Ford running?

I believe that with the three very different platforms Ford is building, they have at least three lines. I don't know if they're running anywhere near capacity or not.

Rivian has a run rate of >50k running only two lines and (just recently) two shifts. Now that EDV production has kicked off and the second line is fully up, I expect to see the run rate to go up to at least 75k this quarter. Factory capacity is 200k, so there's still a lot of room to grow, especially after they add a third shift (which they're hiring for).

Regardless, the point of the OP stands: For Rivian to be in the same ballpark as Ford a year into production is an impressive achievement, no matter how you look at it. And if you had predicted this a year ago you would have been ridiculed by most people.

 

[NineElectrics]

VW sold 20K ID.4s in the US in 2022, but probably double that in Europe and also double that China. So roughly 100K worldwide for 2022. It’s produced in five factories across three continents.

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