TL;DR:

In a press release, the company said it is “experiencing a production disruption due to a shortage of a shared component on the R1 and RCV platforms.”

According to sources familiar with the matter, the disruption was caused by a miscommunication between Rivian and its supplier, Essex Furukawa, earlier this year.

The sources said Rivian “miscalculated” its supply needs with the supplier. Rivian has found other sources, but they would be too costly at such short notice.

Despite this, Rivian did reaffirm plans to deliver between 50,500 and 52,000 EVs this year. With another 10,018 delivered in Q3, Rivian has now handed over 37,369 vehicles through the first nine months of 2024.