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Rivian outlines R2 production location strategy, delays Georgia factory

Teslarati

Rivian said that it will initially begin production of the R2 in Normal, Illinois , at its flagship manufacturing facility and plans to essentially delay the construction of the Georgia factory as it navigates financial risks. The post Rivian outlines R2 production location strategy, delays Georgia factory appeared first on TESLARATI.

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Antelope Valley adds 16 more BYD electric buses to fleet

Green Car Congress

AVTA is buying the K7Ms through a State of Georgia statewide contract, which benefits local governments and transit agencies through the convenience and competitive pricing of pre-established contracts. BYD’s buses exceed Federal Transit Administration “Buy America” requirements, incorporating more than 70% U.S.

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

Teslarati

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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BYD electric motor coaches selected for California purchasing contract; available to governmental entities outside CA

Green Car Congress

BYD announced that its participation in a California-wide purchasing contract will also allow US transit agencies to leverage California’s purchase power to buy US-built zero-emission BYD battery-electric motor coaches, made by union employees in Lancaster, California. —Patrick Duan, Vice President of BYD North America.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

With used vehicles selling at prices sometimes as much as or higher than brand new models due to parts shortages and semiconductor constraints, Ford may be looking to take used EVs and make another profit on them after an initial lease is up. Ford confirmed to CarsDirect that its communication was legitimate.

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai is investing $7.59

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. So it appears that the company wants to stay very competitive on price. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023. and starts at $40,380 including destination.

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