Saturday, 1 February 2025
Home Topics Transport Automotive EV startup Rivian’s production chief joins Stellantis
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EV startup Rivian’s production chief joins Stellantis

56
FILE PHOTO: The logo of Stellantis is seen outside a company building in Chartres-de-Bretagne near Rennes, France, March 11, 2024. REUTERS/Stephane Mahe/File Photo
The logo of Stellantis is seen outside a company building in Chartres-de-Bretagne near Rennes, France, March 11, 2024. As the company prepares to roll out more EV models, it his hired Tim Fallon from Rivian. REUTERS/Stephane Mahe/File Photo

SAN FRANCISCO – Rivian’s head of manufacturing is leaving the electric vehicle startup to join Stellantis at a time when the maker of Jeep SUVs and Ram pickups is preparing to launch a number of battery powered cars.

Tim Fallon will join Stellantis as its head of manufacturing in North America effective Sept 2, Stellantis said in a statement.

Rivian, known for its R1S SUVs and R1T pickups, appointed its head of logistics Carlo Materazzo, a former Stellantis executive, to oversee production in the interim, CEO RJ Scaringe said in an internal email seen by Reuters.

Fallon’s exit comes at a crucial time for Rivian, which is expanding its only facility in Normal, Illinois to produce the smaller and less expensive R2 SUV that many analysts see as critical to the startup’s success amid a slowdown in demand for EVs.

‘Electric vehicle offensive’

Fallon, a former Nissan executive, oversaw a manufacturing plant overhaul this year at Rivian, which included a three-week shutdown of the Normal plant, meant to simplify production and slash costs. His move also comes weeks after Volvo veteran Javier Varela joined Rivian as its operations chief.

“We’ve had different leaders as we approach different levels of scaling our business,” a Rivian spokesperson said, confirming Fallon’s exit. “We’re positioning the organization structure for the future.”

Fallon joins Stellantis “as we enter this critical stage of our transformation … with this year marking the start of our electric vehicle offensive,” Carlos Zarlenga, its chief operating officer for North America, said.

The American-French-Italian automaker aims to roll out 25 EV models in the U.S. by 2030. The company plans to soon launch a Jeep EV model in the U.S. costing less than $25,000, its CEO said this year.

Related Articles

FILE PHOTO: A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo
FuelOilPoliticsTrade

Oil prices rise amid US tariff threat but still set for weekly loss

Trump has threatened to impose a 25% tariff as early as Saturday...

FILE PHOTO: Chevron logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelOil

Chevron misses earnings estimate as refining posts first loss in four years

The second-largest U.S. oil producer posted total earnings of $3.24 billion for...

FILE PHOTO: Mads Nipper prictured at a news conference in Bjerringbro, Denmark, March 13, 2018. Scanpix Denmark/Henning Bagger via REUTERS/File Photo
BusinessElectricityLabourOffshore WindWind

Renewables group Orsted replaces CEO to arrest share price slump

Orsted's shares were down 0.2% at 1010 GMT, slightly underperforming Europe's blue-chip...

FILE PHOTO: A man stands in front of the Northvolt Ett factory in Skelleftea, Sweden, November 27, 2024. REUTERS/Marie Mannes/File Photo
BusinessElectric Vehicles (EVs)ElectricityStorageTransport

Scania tries to breathe life into troubled EV battery maker Northvolt

Four Northvolt workers told Reuters they had seen Scania employees inside the...

Login into your Account

Please login to like, dislike or bookmark this article.