Remove Affordable Remove Auto Remove Illinois Remove News
article thumbnail

Rivian aims for 155,000 of its $45,000 R2 electric SUVs in Illinois

Baua Electric

Just after the reveal of its more affordable R2, R3, and R3X models in March, Rivian announced plans to rejigger its production capacity at its existing plant in Illinois, to accommodate the R2 electric SUV at that plant instead of an even larger one in Georgia that remains on the drawing board.

article thumbnail

Rivian R2 production, Kia EV3 debut date, Eli Zero: Today’s Car News

Baua Electric

Rivian revamps its Illinois plant for R2 production. Rivian is rejiggering the production capacity of its plant in Normal, Illinois, to accommodate up to 155,000 of its more affordable R2 SUVs annually. Kia confirms the EV3 for production. EVs are already having a big effect on gasoline demand.

Kia 52
article thumbnail

Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. One of them, the Kia EV3, is expected to launch by the end of the year.

Kia 52
article thumbnail

Rivian (RIVN) is dropping a shift at its Normal EV plant due to efficiency upgrades

Baua Electric

Rivian (RIVN) is dropping a shift at its Normal, Illinois, EV manufacturing plant next month, but not because of a lack of demand. After establishing itself as a true luxury EV brand, Rivian’s more affordable R2 will help it reach new markets. Source: WGLT FTC: We use income earning auto affiliate links.

article thumbnail

Rivian (RIVN) officially shuts down Normal EV plant for upgrades as R2 creates a buzz

Baua Electric

Rivian (RIVN) officially shut down production at its Normal, Illinois plant as the EV maker prepares for its next growth phase. Rivians shuts down EV production at Normal, IL plant First announced in November, Rivian is shutting down production at its Normal EV plant for several weeks to introduce new tech and practices to improve efficiency.

Georgia 52
article thumbnail

Rivian Q1 income to mirror manufacturing facility downtime

Baua Electric

.” The automaker could also be operating on its nearest car platform, referred to as R2, which is being designed for extra affordable fashions. The corporate’s maximum affordable car recently is the bottom R1T at $74,800 with delivery. Rivian is construction a plant in Georgia to create R2 automobiles settingup in 2026.

article thumbnail

Rivian (RIVN) stock gets a boost ahead of R2 launch with new buy rating

Baua Electric

Rivian stock scores buy rating ahead of R2 reveal Rivian will reveal its more affordable R2 electric SUV at 10 am PT (1 pm ET) later today at its swanky new Laguna showroom. Leading up to its release, Rivian has teased the new electric SUV, showing what appears to be a smaller version of its top-selling R1S.

Buy 52