Rivian's GAAP loss for 3 months of 2022 was $1.593 billion, up 3.8 times from $0.414 billion in the previous year. Revenues amounted to $95 million. The company did not generate revenues a year earlier.

Rivian's GAAP loss for 2021 was $4.688 billion, up 4.6 times from $1.018 billion the previous year. Revenue was $55 million; the company did not generate revenue last year.

Rivian produced 1,015 vehicles in 2021. The car concern's deliveries for the year amounted to 920 pcs. Simultaneously with the publication of the results, the company announced the departure of chief operating officer Rod Kops, his duties will be performed by the Rivian leadership team.

Rivian Automotive will postpone deliveries of its R1T electric pickup and R1S sport utility vehicle with high-capacity batteries until 2023. The decision is due to the low number of pre-orders for the Max pack. They amounted to only 20%. Deliveries are also constrained by global supply chain constraints, the labor market and problems with electric battery mo...