13,000 Rivian automobiles are recalled because of a potential fastener issue
After detecting a small structural fault, electric car manufacturer Rivian Automotive Inc. will recall over 13,000 units it supplied to consumers.
The company, headquartered in Irvine, California, will recall the vehicles because a fastener “may not have been sufficiently torqued,” CEO RJ Scaringe wrote in a letter to customers seen by Bloomberg News. “Out of an abundance of caution,” the business is recalling around 13,000 automobiles, even though the problem was only found in seven.
A source says the recall’s price tag will not have a major impact on business.
A setback for Rivian, which has just recently overcome manufacturing issues and parts shortages to deliver its EVs to customers in considerable amounts, the recall is a major disappointment. An embarassing about-face in March to increase costs on preorders added further complications for the corporation.
Rivian produces the R1T pickup and R1S sport utility vehicle, both of which run on rechargeable battery packs. One of its largest stockholders, Amazon.com Inc., has a contract for 100,000 electric delivery vehicles by the end of the decade.
A representative from Rivian issued a statement saying, “The safety of our customers will always be our top priority, and we are committed to fixing this issue on any affected vehicles as quickly as possible, We will make any necessary adjustments free of charge at one of our service centers.”
After a massive initial public offering in November and the backing of prominent Wall Street firms and strategic investors like Ford Motor Co., Rivian was widely regarded as the most promising new electric vehicle startup to compete with Tesla Inc. Stocks are down 67% this year due to manufacturing issues, but the company has recommitted to its objective of producing 25,000 electric vehicles (EVs) in a year
