Rivian Automotive Inc.’s COO stepped down final month whereas the EV maker was within the midst of its inaugural manufacturing rampup.

Rod Copes left the corporate after he had held the title since March 2020, based on his LinkedIn profile.

The corporate mentioned in a press release that Copes “started a phased retirement from Rivian a number of months in the past, affording the workforce continuity as we moved towards manufacturing ramp.” His duties have been distributed throughout the management workforce, the corporate mentioned Monday.

The fast-growing truckmaker, which in November accomplished the yr’s largest preliminary public providing, has hit a tough stretch just lately, saying in December that it could fall “a number of hundred autos brief” of its aim to construct 1,200 models for the yr. Final week, the shares fell after Amazon.com Inc., a serious investor and buyer, mentioned it could purchase some electrical supply vans from Stellantis NV.

Rivian mentioned in a regulatory submitting Monday that it produced 1,015 autos final yr and delivered 920.

The inventory fell 5.3 % to $77.16 a share at 5:40 p.m. in New York after-hours buying and selling, under its IPO worth of $78. By Monday’s shut, Rivian’s shares had already fallen 21 % this yr.

The Wall Avenue Journal earlier reported the Copes departure.