Rivian’s stock price dropped by nearly 90% since R1T production got underway in 2021 because it continued to fail to meet production targets. This also led to Rivian slashing its workforce numbers twice in the past year. Enduro does not use the same semiconductor supplier as Bosch, and that makes a huge difference for Rivian’s assembly line.
“One of the key mitigation tools that we have at our disposal is the introduction and the ramp of the Enduro drive unit this year, which unlocks a new secondary supply base of our power semiconductors within the plant,” Rivian CFO Claire McDonough said earlier this month. “Our Enduro drive unit launched on time and is ramping according to schedule.”
Rivian’s Normal, Illinois factory will have enough capacity to begin installing the Enduro units in the R1T and R1S in this year.