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Rivian CEO Flags Memory Chip Shortage as Primary R2 Production Risk

2026-07-01 18:49:52

According to Axios, Rivian CEO RJ Scaringe flagged memory chip supply constraints as the primary risk to R2 production on Wednesday, as the company prepares to report Q2 deliveries on Thursday. Scaringe told Axios at last weekend's Aspen Ideas Festival that demand for the $50,000 R2 SUV is not a concern, but supply-side risks are critical. "The biggest risk for R2 is actually on the supply side," he said, citing global semiconductor constraints driven by explosive AI demand. "By far my biggest worry about ramping R2 isn't demand. It's, you know, can we get enough parts to build cars? We're quite nervous about global supply."

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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