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Semiconductor supply shortage, electric car maker Rivian delays vehicle deliveries

On July 17, it was reported that Amazon-invested electric car manufacturer Rivian revealed that the company delayed the delivery of its highly anticipated R1T pickup until September, while the delivery of another SUV, the R1S, was postponed to this fall. end.


However, the delivery delay for retail customers will not affect Rivian's plan to provide Amazon with electric trucks. Spokespersons from both companies confirmed that Rivian still plans to start producing electric trucks this year, and plans to achieve 10,000 on the road by 2022.

In September 2019, Amazon agreed to purchase 100,000 electric vehicles from Rivian as part of its ambitious goal of using its renewable energy fleet entirely. The company expects to test this electric truck in 16 cities by the end of 2021.

Rivian previously planned to deliver R1T from July and R1S from August. Rivian CEO RJ Scaringe stated in a letter to consumers this Friday that the delivery delay was mainly affected by the epidemic, and the chain reaction caused by it exceeded everyone's expectations, from facility construction to equipment installation. Then the supply of auto parts, especially the supply of semiconductors, has been hit by the epidemic.

According to the forecast of IHS Markit, pickup trucks are expected to account for about one-fifth of the new car market in the next few years, and upcoming electric vehicles such as Rivian’s R1T, Tesla’s Cybertruck, Ford’s F-150 Lightning EV, etc. may attract New consumers enter this market segment.