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Russia-Ukraine conflict: EV maker Rivian faces shortages, delays in supply of certain parts

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War In Ukraine

Rivian plans to increase prices of EVs in line with the cost pressures

US electric car company Rivian updated that the cascading impacts of the COVID-19 pandemic and the ongoing Russia–Ukraine conflict has affected its business operations ranging from facility construction to equipment installation and ensuring component supplies, the company said in its annual report for FY 2021 filed as Form 10-K with US SEC on 31 March 2022.

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