Rivian Boss Isn't Too Concerned With Parts Shortages | Carscoops carscoops
. “But I didn’t start Rivian only focused on next week. Most of the components, whether it’s chips or hardware inside the vehicle, are not constrained — the vast majority. But the ones that are constrained, it’s for a reason. The world needs more of those.”is now in a financial position where it can deal with and adapt to the challenges facing the automotive industry, thanks in part to the fact that it is now a publically-traded company.
“We’ve fortunately capitalized the business to a level that whether we deliver ‘x’ vehicles or ‘2x’ vehicles this week, that doesn’t have a material impact on our financial viability,” he revealed to Auto News.has ambitious plans for the future and while shortages may delay these plans, they will not cancel them. On the agenda are new-age electric motors that will be built in-house and a proprietary 800-volt battery architecture.
“If we set our strategy and the things we are working on long-term based on short-term supply blips that we’re feeling today, that would be ludicrous,” Scaringe said.
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