Rivian Automotive Inc at Goldman Sachs Communacopia + Technology Conference Transcript

Sep 07, 2023 / 05:50PM GMT
Mark Trevor Delaney - Goldman Sachs Group, Inc., Research Division - Equity Analyst

Okay. Great. Thank you, everybody, for joining us. My name is Mark Delaney, and I cover Rivian for Goldman Sachs. I'm very pleased to have Claire McDonough, the CFO of the company with us. Thank you so much for joining.

Claire McDonough - Rivian Automotive, Inc. - CFO

Thanks for having me.

Questions and Answers:

Mark Trevor Delaney - Goldman Sachs Group, Inc., Research Division - Equity Analyst

Let's dig right into the Q&A. Rivian raised its guidance for production this past quarter and now expects to make about 52,000 vehicles in 2023 from its prior forecast of about 50,000. And what is contributing to the improved volume and what is gating production growth at this stage?

Claire McDonough - Rivian Automotive, Inc. - CFO

As we think about the increase in our guide from 50,000 to 52,000 the key contributor there has been through the ramp of our Enduro in-house drive unit line as a
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