Rivian CEO discusses definitions and influence the EV supply chain

On Tuesday, the founder and CEO of RJ SCARING discussed the Trump administration tariff and how the electric vehicle maker (EV) was transferred while it appears.Claman count”

SCARENE SCARENE told Liz Claman that consumers have “a lot of questions” about “What will happen” with pricing and availability of vehicles in the United States in the middle President Donald Trump’s tariff This is a countryside “tries to move on it as much as we can.”

The president announced 25 % on imported passenger vehicles, light trucks and some major auto parts at late last month. They are among the many fees on imports that Trump revealed since she returned to his post, including those in steel and aluminum, as well as mutual tariffs.

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SCARINE said that Evs RivianIncluding the second generation R1S, which appeared next to the Claman count, is manufactured in its facility in Normal, Illinois.

“We have focused heavily on building our supply chain, of course, our production imprint here in the United States, and of course all technology has also been developed here as well,” he told Claman.

When asked about the place from which steel and aluminum comes from in Rivian, Scaring said it is a “mix”.

“One of the things that enjoys cars is that the supply chain is very complicated, where we have hundreds of suppliers who offer spare parts from, for example, a front lamp, a cloud hook, tires, or under the skin here, which does not come from a group of suppliers who only provide us, but these suppliers have suppliers, and then, these suppliers have suppliers, so that there is no number of two peers,” clearer. ” Our condition, it is a mixture. Looking at the new environment from the point of view of the tariff, we are working hard to know what we can change, but it is difficult to change. ”

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He admitted that Rivian does not fully escape from Trump’s tariff, but he said that the EV maker has “a supply chain focused on the United States.”

“We are building the big pieces here,” he told Claman, noting the engines and battery as examples. “We have developed a master of programs, electronics, but there are a lot of components that come from the global supply chain.”

“There is a huge amount of content that comes from suppliers in the United States, but also suppliers who are anywhere” while looking inside the R1S with Claman, “Scaring said.

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During the interview, I also noticed that Review expanded his factory in Illinois and asked Screng about whether he was in contact with the White House, which was paying to increase manufacturing in the United States with definitions and other measures.

“When we think about the customs tariff, of course, the 25 % cars tariff strikes everyone,” he said. “We rely on the supply chain that contains through its levels a number of components that come from other countries, and then, and most importantly, commercial restrictions and what we see in terms of rare ground minerals from China, and this is a real challenge to Electric vehicles”

China recently imposed restrictions on the export of some rare minerals and magnets from its country.

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“Essentially, every electric car on the road today uses the so -called permanent magnet engine,” explained Scaringe, noting that such magnets “generally use a kind of rare ground mineral.”

He said that rare minerals can be found in many places in the world but “in terms of processing materials, which occur almost exclusively in China.”

Scaring also talked about the EV industry and what is required to increase its share of American vehicle market. EVS is 8.1 % of vehicle sales in the United States in 2024, according to Cox Automotive.

“I think a large part of this is giving customer option,” he said. “If you are looking to buy an electric car with less than $ 50,000 today, there are really very few of the very convincing options. For this reason, I saw Tesla with a very important market share for a long time now, more than 50 % of the market share, which is actually a reflection of limited degree options.

index	protection	last	Changing	% Change
rnvn	Rivian Automotive Inc.	11.91	-0.12	-1.00 %

He said that there should be “different shape factors, different features, different brands, design and aesthetic treatments for what the car looks” between EVS.

Rivian currently manufactures the R1S Suv and R1T Pickup truck and commercial electric trucks. It also has R2 and R3 in the pipeline.