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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. We look forward to continuing our close partnership and building upon the success we have enjoyed.”

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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.

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Tesla hires longtime GEICO exec to help with insurance costs

Teslarati

Tesla has hired a long-time GEICO executive to manage its Insurance program and make costs and premiums more affordable for drivers. Most drivers have not adopted it because the rates are still higher than the company planned for them to be. Tesla launched its in-house insurance program in the United States in 2019.

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Rivian lays off workforce for the second time in 2024

Teslarati

The upcoming Rivian layoffs will be the second time the company has cut jobs this year. The company also laid off workers last year. Rivian isn’t the only company cutting jobs. Some analysts believe the future of the EV market lies in more affordable and reliable electric vehicles.

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Tesla boosts its data collection team with hiring ramp for Prototype Vehicle Operators

Teslarati

Tesla also notes that Prototype Vehicle Operators must provide feedback and suggest ways to improve the company’s data collection processes. Tesla CEO Elon Musk recently stated in a post on X that the company will be unveiling its dedicated Robotaxi on August 8, 2024.

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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.

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Volvo Trucks Customer QCD orders 30 more VNR Electric trucks for Southern California fleet

Green Car Congress

Volvo Trucks North America customer, Quality Custom Distribution (QCD)—a Golden State Foods (GSF) company—is increasing its commitment to zero-tailpipe emission freight transport with its latest order of 30 Volvo VNR Electrics. Located in the St.

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