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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

Hyundai, which announced this May that it would build its first-ever dedicated EV plant in the state of Georgia and, to capitalize on the North American final assembly requirement in the newly-passed IRA, just revealed it was mulling moving the groundbreaking on the facility from the original target of 2023 to before the end of this year.

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Hyundai worries growing over a Trump EV disrupt at its new $7.6B Georgia Metaplant

Baua Electric

billion Metaplant in Georgia later this year. billion, creating 8,500 jobs in Georgia. Georgia even awarded Hyundai its own day in the state. The General Assembly passed a resolution declaring February 26, 2024, “Hyundai Day” in Georgia. Source: Business Korea FTC: We use income earning auto affiliate links.

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Hyundai worries growing over a Trump EV disrupt at its new $7.6B Georgia Metaplant

Baua Electric

billion Metaplant in Georgia later this year. billion, creating 8,500 jobs in Georgia. Georgia even awarded Hyundai its own day in the state. The General Assembly passed a resolution declaring February 26, 2024, “Hyundai Day” in Georgia. Source: Business Korea FTC: We use income earning auto affiliate links.

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Report: EV factories may be leading utilities to dirtier decisions

Baua Electric

Anticipated demand from the auto industry—as well as solar-panel manufacturing and data centers—is leading utilities to forecast single-digit percentage growth every year through the end of the decade in some regions, according to report.

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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

Meanwhile many Chinese automakers were pivoting to EVs, and China made no secret about nurturing strong global automakers while building out a supporting clean-energy infrastructure. First, let’s take a look at how Trump policy affected the auto industry in the previous term. they can’t send Chinese workers over here.”