Saturday, August 17, 2024

EV maker Rivian halts production of Amazon delivery vans amid parts shortage, shares down 5%

Rivian suspended the production of its commercial delivery vans due to parts shortages, impacting their output for Amazon. A spokesperson indicated the company aims to recover the missed production. The shortage did not affect Rivian's other models. Amazon holds a 16% stake in Rivian, ordering 100,000 vans to be deployed by 2030.

from Tech-Economic Times https://ift.tt/WKODcFR

No comments:

Post a Comment

Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...