Electric vehicle maker Rivian has quietly built up a large stock of batteries to protect itself from potential import tariffs under U.S. trade policies. According to the Financial Post, the company took action both before and after Donald Trump’s election, preparing for any future financial impact.
Battery Deals with China and South Korea
Before the election, Rivian reportedly bought a significant number of lithium iron phosphate batteries from a Chinese company called Gotion. These batteries are mainly used in Rivian’s electric delivery vans most of which are built for Amazon. MSN reports
Later, after the election (though the exact timing isn't clear), Rivian worked with Samsung SDI to "move a large amount of battery inventory to the U.S. from South Korea," .
This move is seen as a smart strategy to avoid potential tariffs on battery imports and keep production running smoothly. With EV demand growing and political tensions high around international trade, Rivian’s stockpiling may help it stay competitive and reduce future costs.
