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    • Rivian

    Rivian lowers annual production forecast due to parts shortage
    Update Information

    Rivian lowers annual production forecast due to parts shortage

    Rivian (RIVN) said Friday that it cut its full-year production forecast and delivered fewer vehicles in the third quarter than analysts expected, as the startup struggles with a parts shortage and slowing growth in demand for electric vehicles. The company's…

    Posted on Kathleen William
    Rivian shipments fall as component shortages slow production
    Update Information

    Rivian shipments fall as component shortages slow production

    Rivian says it will build fewer vehicles this year than in 2023, due to a supply chain issue that emerged in the third quarter and “has become more acute in recent weeks.” The company did not specify which specific component…

    Posted on Kathleen William

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