Rivian is bracing for tariffs and making changes to its R2 sedan supply chain, CEO says
Rivian CEO RJ Scaringe
Patrick T. Fallon/AFP via Getty Images
- Donald Trump's tariff proposals and pushback on EVs could have a significant impact on automakers.
- Rivian CEO RJ Scaringe said during an earnings call the company has been bracing for tariffs.
- The fate of the $7,500 EV tax credit issued under the Biden Administration remains unclear.
EV company Rivian says it's already bracing for the impact that the increased tariffs proposed by President-elect Donald Trump would have on its supply chain.
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