Stellantis and Rivian are at a pivotal moment, with their paths crossing as Rivian's VP of Manufacturing, Tim Fallon, departs to lead Stellantis' EV production for Jeep and Dodge. Fallon, instrumental in scaling Rivian's EV output, will spearhead Stellantis' launch of the all-electric Jeep Wagoneer S and Dodge Charger Daytona EV.
Meanwhile, Stellantis CEO Carlos Tavares is addressing declining profits in North America, where sales of key brands like Ram and Jeep have dropped over 33% since 2019. As Stellantis strategizes its recovery, Rivian continues its push to produce 57,000 vehicles in 2024.