![]() Ford has sold some of its shares in the company in recent months. ![]() Ford Motor, a large shareholder in Rivian, began selling an electric version of its popular Transit van several months ago and has delivered about 3,000 so far. The nascent market for electric delivery vans is getting more competitive. That means the company is trying to ramp up two assembly lines at once - a tall order for any carmaker, especially a relative newbie. Rivian also makes a pickup truck and a related sport utility vehicle. Banning Gasoline Cars: California is leading the way in the push to electrify the nation’s car fleet with a plan to ban sales of new internal-combustion vehicles by 2035, but the rule will face several challenges.A Crucial Mine: A thousand feet below wetlands in northern Minnesota are ancient deposits of nickel, a sought-after mineral seen as key to the future of the U.S.Setting an Example: A network of fast charging stations in Quebec could serve as a template for how to make road trips easier for drivers of electric cars.Market: More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition. He declined to say how many jobs might be cut. Scaringe, the founder and chief executive of Rivian, said in an interview this week. ![]() “We are making some adjustments to certain teams within the business,” R.J. And last week Rivian warned employees that they should expect layoffs and other cost-cutting measures. The automaker, which began producing vehicles in small numbers last year, is struggling to ramp up while there are shortages of semiconductors and other components. And they are an important element of Amazon’s plan to limit carbon emissions as it builds its own fleet and relies less on contractors like UPS to deliver billions of orders of toothpaste, hair dryers, dog toys and sundry other products.īut questions remain about how fast Rivian, about 18 percent of which is owned by Amazon, can fulfill the retail giant’s order. The battery-powered trucks are crucial to Rivian’s business plan and survival in a very competitive auto industry. On Thursday, after some delays, the companies said hundreds of the vans were finally on the road. Nearly three years ago, Amazon announced that it would buy 100,000 custom-made delivery vehicles from Rivian, a fledgling maker of electric vehicles.
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