Electric-vehicle maker Rivian Automotive on Monday reported third-quarter deliveries above analysts’ estimates, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs).
The Irvine, California-based startup said it was on track to produce 52,000 vehicles in 2023 – a target it raised in August from 50,000 vehicles as supply-chain bottlenecks eased.