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Rivian said Thursday after the markets closed that it expected to fall “a few hundred vehicles short” of this year’s production target of 1,200 vehicles.
It’s unclear at this time what lead to Dan Ammann’s abrupt departure, which comes ahead of commercialization plans for Cruise.
The company said it faced supply chain issues as well as challenges ramping up production of the complex batteries that power the vehicles.
The company said it faced supply chain issues as well as challenges ramping up production of the complex batteries that power the vehicles.
The company said it faced supply chain issues as well as challenges ramping up production of the complex batteries that power the vehicles.