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Rivian delays $5B Georgia EV plant to accelerate R2 launch, resulting in $2.25B in savings

Electrek

The EV maker will begin building its new R2 electric SUV at its Normal, Illinois facility to accelerate the launch. Meanwhile, Rivian (RIVN) is delaying construction at its new $5 billion EV plant in Georgia, where the R2 was initially expected to be produced. The delay is not expected to be significant.

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Volkswagen launches Tennessee Valley Authority collaboration with custom build ID.4 SUVs

Electric Cars Report

Volkswagen of America is collaborating with the Tennessee Valley Authority as the utility corporation sets a goal of operating a 100% percent electric sedan and SUV fleet by the year 2030. 4 SUVs appeared first on Electric Cars Report.

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Rivian outlines R2 production location strategy, delays Georgia factory

Teslarati

Today, Rivian unveiled the new, less expensive R2 electric vehicle, a more compact SUV than its R1S. It is expected to begin deliveries of the new R2 in 2026, but where it is going to be built was a question every viewer of Rivian’s live streamed event on Thursday was pondering.

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Rivian (RIVN) reaffirms Georgia EV plant commitment as state presses for answers

Baua Electric

Rivian (RIVN) is still planning to build electric vehicles in Georgia, just not as soon as expected. After unveiling the R2 last month, a smaller and more affordable electric SUV, Rivian announced it would begin production at its Normal, IL facility rather than its new $5B GA plant.

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Rivian to build new $5 billion electric vehicle factory in Georgia

Electric Vehicles India

Rivian to build new $5 billion electric vehicle factory in Georgia. Rivian an Amazon-backed electric vehicle maker has announced a new $5 billion electric vehicle factory in Atlanta, Georgia. It will be the second factory in Georgia. The electric automaker will start its production at the new plant in 2024.

Georgia 59
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Rivian delays $5B Georgia EV plant to accelerate R2 launch, resulting in $2.25B in savings

Baua Electric

The EV maker will begin building its new R2 electric SUV at its Normal, Illinois facility to accelerate the launch. Meanwhile, Rivian (RIVN) is delaying construction at its new $5 billion EV plant in Georgia, where the R2 was initially expected to be produced. The delay is not expected to be significant.

Georgia 52
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Rivian wins massive incentive package for R2 vehicle production in Illinois

Teslarati

In March, Rivian unveiled the R2 and R3 midsize SUVs , its next vehicles that will be more affordable than its introductory R1T and R1S platforms. Rivian’s Georgia plant remains an extremely important part of its strategy to scale production of R2 and R3. Rivian has invested over $2 billion in Normal and added over $3.9

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