One of the first US automakers to see the conflict between Russia and Ukraine as a threat to her business and consequently to say she was concerned about the evolution of the situation was Rivian. Tesla’s rival company cited the war in Ukraine, together with the Covid pandemic and ongoing inflation, among the main causes that led to a cost increase and pressure on its supply chains, resulting in production disruptions and delivery delays.
According to Autonews, Rivian also blamed the conflict in Eastern Europe for the increase in the costs of components, including battery metals, which according to the California-based company has seen a considerable increase. Rivian herself has also raised the alarm in view of the coming months: “In recent months there have been very considerable increases in the cost of key metals, including lithium, nickel, aluminum and cobalt. There volatility of prices it should persist in the near future ”. A new obstacle for the American company, therefore, which has long been fighting to increase the production of its battery-powered models so as to be able to compete better with Tesla. We also remind you that at the beginning of March the company was the protagonist of an embarrassing turnaround on the price increase, with the CEO apologizing and canceling the price increase after several customers had canceled their order. .
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