The American electric vehicle brand Rivian is facing a crisis, leading to layoffs in its battery department.
Rivian incurs a loss of $33.700 for each electric vehicle produced.
The company's decision to downsize, particularly in the battery department, is ironic given its ambition to manufacture its batteries.
Currently, Rivian relies on batteries supplied by Samsung from South Korea, assembled in Rivian's Illinois factory.
The layoffs have affected employees at various levels, including the head of the battery cell department, Victor Prajapti. T
This move raises questions about Rivian's self-production goals.
A Rivian spokesperson mentioned that the layoffs affect less than 8% of the total workforce, emphasizing the focus on the new R2 model development.
The company is restructuring its battery chemistry department to collaborate more closely with its battery supplier.
