Amazon-backed Rivian to delay first EV deliveries until September - Business News: Latest News & Videos about market and economy | Trendmergers

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Amazon-backed Rivian to delay first EV deliveries until September

Rivian, seen as a potential Tesla Inc rival, said the timing for the first deliveries of its R1T pickup initially slated for July has now been pushed to September, while that of R1S SUVs have been delayed until the fall. "The cascading impacts of the pandemic have had a compounding effect greater than anyone anticipated," Chief Executive Officer R.J. Scaringe said in a letter reviewed by Reuters.

from Industry-Economic Times
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