Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter
Rivian Automotive Field Specialist Patrick Sarsgard unveiled on Monday via LinkedIn that the EV manufacturer just opened a new service center located in Boston. On the same post, Sarsgard said that the U.S. electric vehicle maker is “actively delivering in the East Coast”. During Q1 2022 Earnings, Rivian reiterated its forecast to produce 25,000 vehicles in 2022.
Rivian is building out a network of Service Centers to support all Rivian owners. Currently, visits to our Service Centers are by appointment only, the company says. If you need vehicle service, you can report vehicle issues and request a service appointment in the Rivian app or by calling the Rivian Service Support Team, Rivian added.
The manufacturer has now a total of 20 Service Centers in Arizona, Boston, California, Colorado, Florida, Illinois, Kansas, Minnesota, Nevada, New York, Ohio, Texas, Utah, Virginia, and Washington.
Recently, Rivian’s Director Jay Flatley filed a SEC form reporting a 40,000 shares buy for $1,172,400 at an average price of $29.31 per share owning now a total of 92,616 shares. According to SEC form filed on May 16, also Rivian’s CEO Robert Scaringe added 41,000 shares for $1.05 million, at an average price of $25.77 per share. Scaringe owns now a total of 169,175 shares directly, 4,337,997 through a trust and 4,595 by LLC.
During Q1 2022 conference call, the company said “our top priority for 2022 remains ramping production in our Normal, Illinois production facility. During a pandemic and in the context of a highly constrained global supply chain, our team has introduced four different models across two vehicle platforms and produced ~5,000 vehicles since the start of production”.
“Our manufacturing shops are demonstrating strong performance as our weekly production rates continue to climb when not constrained by supply chain limitations”, Rivian concluded.
Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter
