Rivian Automotive Inc. has told employees that production of 62,000 electric vehicles is possible this year, according to people familiar with the matter, an increase from the production target it told investors earlier this week.
The Irvine, California-based company’s production master plan is to build as many as 62,000 units, executives told staff at an all-hands meeting on Friday, according to the people, who asked not to be identified discussing private information.
