Rivian (RIVN) suspends EDV production due to parts shortage [Video]

Rivian (RIVN) has temporarily paused Electric Delivery Van (EDV) production at its Normal, IL plant due to a parts shortage. A company spokesperson confirmed the news on Friday as Rivian faces its latest hurdle.

Rivian builds electric delivery vans for its biggest investor, Amazon. The E-commerce giant ordered 100,000 EDVs from Rivian in 2019.

The Rivian-branded delivery vans began rolling out in July 2022, with over 13,500 on US streets two years later. Amazon has even launched Rivian EDVs in Europe. Last year, Amazon accounted for nearly a fifth of Rivian’s revenue alone.

However, the EV maker hit another hurdle as it scales production in Normal. According to Reuters, Rivian has paused EDV production because of a parts shortage.

“A part shortage has temporarily impacted our Electric Delivery Van (EDV) production,” a company spokesperson said in an email on Friday. The spokesperson added, “We expect to recover all missed production.

Rivian’s spokesperson explained that the parts …