Overview

• Rivian has stockpiled lithium-iron phosphate (LFP) cells from China's Gotion High-Tech and nickel-manganese-cobalt (NMC) cells from Samsung SDI to ensure production continuity.
• The company is transitioning part of its battery supply chain to the U.S., with Samsung SDI and LG Energy Solution slated to produce cells domestically.
• LG Energy Solution will initially supply batteries for Rivian's upcoming R2 model from Korea, with plans for Arizona-based production in the future.
• Major automakers, including GM, Volkswagen, and Mercedes-Benz, have suspended financial guidance due to uncertainty surrounding the tariffs.
• President Trump’s proposed tariffs threaten to increase costs for imported vehicles and components, prompting a broader industry shift toward domestic production.