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Rivian wins massive incentive package for R2 vehicle production in Illinois

Teslarati

Rivian has won a massive $827 million incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will be used to expand the R2 production facility in Normal, Illinois. Rivian’s Georgia plant remains an extremely important part of its strategy to scale production of R2 and R3.

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Rivian executive reveals massive cost-savings from re-tooling Illinois plant

Teslarati

Rivian has debuted its latest generation of the R1T pickup and R1S SUV, and CEO RJ Scaringe recently told one publication about the company’s massive cost-savings efforts in recent months, following the retooling of its Illinois factory.

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Rivian receives state funding to expand its Illinois EV factory – Charged EVs

Baua Electric

US EV manufacturer Rivian has received an $827-million incentive package from the Illinois Department of Commerce & Economic Opportunity to expand the capacity of its plant in the state. The funding will enable Rivian to upgrade the facility over the coming months to manufacture the R2, its midsized SUV model.

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Lion Electric produces first proprietary Li-ion battery pack

Green Car Congress

The Lion Electric Company recently completed production of its first lithium-ion battery pack at the company’s battery manufacturing facility located in Mirabel, Québec. Final certification of the first battery pack is expected in the first quarter of 2023, followed by a gradual ramp up of production in 2023.

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Ed Morse Car bolsters Illinois footprint

Baua Electric

All of the dealerships Ed Morse Car has bought in the ones states had been home manufacturers — and that’s through design, Morse mentioned. Mark Shackelford and Paul Kechnie, companions representing Midwest and Texas areas for buy-sell company Efficiency Brokerage Products and services, additionally of Irvine, Calif.,

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Rivian Releases Q4 2023 and Full-Year 2023 Production Figures

Electric Cars Report

Electric vehicle startup Rivian Automotive today announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois, up 7.5% The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois, up 7.5%

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Volkswagen to invest up to $5 billion in Rivian

Teslarati

We are also acting in the best interest of our strong brands, which will inspire with their iconic products. The partnership fits seamlessly with our existing software strategy, our products, and partnerships. The company is in the middle of preparations for its next few product launches. I’d love to hear from you!

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