SAN FRANCISCO, Aug 20 (Reuters) - 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.
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.
(Reporting by Abhirup Roy in San Francisco; Additional
reporting by Nora Eckert; Editing by Lincoln Feast.)