A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.

Rivian Automotive Inc. has paused production of the electric commercial van it makes for Amazon.com Inc. due to a parts shortage in the latest supply chain snafu for the EV maker.

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.

Volkswagen will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive, throwing a lifeline to the startup and giving VW access to Rivian's technology.

Rivian Automotive fell short of Wall Street’s earnings expectations to start the year as the automaker works to revamp its manufacturing operations and boost output of electric vehicles.

Rivian Automotive will receive incentives valued at $827 million from Illinois to expand its electric vehicle plant there after the company halted work on a separate facility in Georgia.

Electric vehicle maker Rivian said it is working to secure and maintain the site of its planned Georgia factory, as well as preparing the land for vertical construction as soon as it can move forward with the $5 billion project.

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.

Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.