May 30 (Reuters) - Rivian Automotive ( RIVN ) is working

with JPMorgan Chase ( JPM ) on a potential high-yield bond sale,

in part to refinance its upcoming debt, Bloomberg News reported

on Friday, citing people familiar with the transaction.

The EV maker is looking to raise as much as $2 billion,

partly to replace existing bonds that mature in 2026, the report

said.

JPMorgan ( JPM ) is sounding out investors on the bond deal, with

early pricing talks suggesting a yield around 10%.

The transaction could launch as soon as next week, although

the deal is still under discussion and may not proceed as

planned, according to the report.

Rivian and JPMorgan ( JPM ) did not immediately respond to Reuters'

requests for comment.

The possible debt deal comes after Rivian lowered its 2025

deliveries forecast earlier in May, as U.S. tariffs on imported

vehicles and auto parts threaten to disrupt the economy and

reduce demand for its electric SUVs and pickup trucks.

"About the impact of tariffs, it's a couple of thousand

dollars of cost that we're going to see on a per-vehicle basis,"

CEO RJ Scaringe told Reuters earlier this month.

Despite manufacturing its vehicles in the U.S. and sourcing

most parts from North America, Rivian relies on Asian countries

for essential components like lithium-ion batteries. These

components are subject to significant duties, increasing the

expenses for EV makers.