​Snarled Supply Chain Paralyzes Rivian Delivery Van Production For Amazon – Tyler Durden

Snarled Supply Chain Paralyzes Rivian Delivery Van Production For Amazon Shares of Rivian Automotive dipped slightly in premarket trading after a Bloomberg report revealed that production of its electric commercial van had been paused due to a parts shortage.  Rivian confirmed the production halt at the EV van’s assembly lines in Normal, Illinois. No specifics were given about the part shortage or a timeline for restarting production lines.  A company spokesperson said part shortages are all too common across the industry, adding that production for the R1 electric pickup and SUV models has been unaffected.  “We’re aware that Rivian encountered short-term production issues this month, and…  — Continue at ZeroHedge News : Read More