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Rivian govt in control of manufacturing engineering quits in administration rejig By Reuters

by Index Investing News
May 28, 2022
in Stocks
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© Reuters. FILE PHOTO: Rivian CEO R.J. Scaringe introduces his firm’s R1T all-electric pickup truck at Los Angeles Auto Present in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake

(Reuters) – Rivian Automotive stated on Friday Charly Mwangi, who helped kick-start the electric-vehicle maker’s manufacturing course of, will go away the corporate.

Mwangi, a former Tesla (NASDAQ:) Inc govt, served as Govt Vice President from Could 2020 at Rivian. He introduced the R1T pickup truck and R1S SUV to manufacturing in late 2021.

His departure comes amid the arrival of former Magna Worldwide (NYSE:) govt Frank Klein, who is because of take over as chief operations chief in June and oversee manufacturing, provide chain and manufacturing engineering.

The Amazon-backed firm, which minimize its 2022 manufacturing goal earlier this yr, added it was assured the restructuring of its operations workforce will strengthen Rivian’s skill to deepen its relationships with industrial companions.

Rivian’s Chief Govt RJ Scaringe has stated it could be capable of double its manufacturing if there have been no provide constraints, after he pointed to allocation of semiconductors being a problem. (This story corrects headline to repair Mwangi’s place in firm)



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