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Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success

May 11, 2023May 11, 2023 · Breaking News · By ReportWire
Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success

It was always going to be difficult.

Ramping up production of a new product, using relatively new technology, is a tall order in the best of times. Electric-vehicle startups Rivian Automotive Inc. RIVN, Fisker Inc FSR and Lucid Group Inc. LCID are finding out that it is extra hard in the middle of economic uncertainty, lingering supply-chain worries, rising interest rates and less patient investors.

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Tags: Alternative Fuel Vehicles, analysts' comments, Analysts' Comments/Recommendations, article_normal, Automotive, C&E Exclusion Filter, C&E Executive News Filter, C&E Industry News Filter, Content Types, corporate, Corporate Financial Difficulty, Corporate Governance, Corporate Social Responsibility, Corporate/Industrial News, Environmental, Environmental/Social/Governance, Factiva Filters, Fisker Inc, FSR, General news, governance, industrial news, LCID, Lordstown Motors Corp., Lucid Group Inc, Management, Motor Vehicles, Natural Environment, output, Output/Production, political, Political/General News, production, products, Products/Services, recommendations, ride, Rivian Automotive Inc. Cl A, RIVN, services, Social, sustainability, Sustainable development, Sustainable Development/Sustainability

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