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Rivian is shoring up sourcing for its R2 affordable SUV with Trump's proposed tariffs in mind, CEO says

  • EV company Rivian is preparing for the impact of increased tariffs proposed by President-elect Donald Trump on its supply chain.
  • Rivian CEO RJ Scaringe stated that the company has strategically considered materials sourcing for its affordable SUV, the R2, in anticipation of potential tariffs.
  • Rivian has focused on sourcing suppliers that won't be subject to large tariffs and has structured partnerships to minimize risk from overseas suppliers.
  • The uncertainty surrounding the incoming administration and potential changes to EV-related policies may affect the demand for EVs and impact Rivian's business.

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