article thumbnail

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.

article thumbnail

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.

Georgia 125
article thumbnail

Rivian gets $827m incentives to expand Normal, Illinois factory for R2

Baua Electric

Rivian has secured $827 million worth of incentives from the state of Illinois to expand its main factory in Normal. Rivian’s Normal, Illinois plant is where it builds the R1S and R1T. But the plant is also set to produce the R2 SUV , a smaller upcoming EV which is set to release in the first half of 2026.

article thumbnail

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. 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.

Georgia 57
article thumbnail

Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Two months after first introducing its first-ever lease program for the R1T pickup, Rivian has expanded the offers to now include its other flagship EV – the R1S SUV. At the time, we reported Rivian’s plans to expand the lease program to custom-built R1Ts and, eventually, R1S SUVs. That brings the total to 16 states in all.

SUV 98
article thumbnail

Rivian’s Georgia plant site plan details: 144 chargers, Adventure Trail, and more

Teslarati

It appears that Rivian has some big plans for its upcoming Georgia plant. As could be seen in the plans, Rivian’s Georgia plant has a total proposed square footage of 19,620,000 square feet within a 1,978-acre parcel of land. Rivian Georgia Plant Site Plan by Simon Alvarez on Scribd.

Georgia 99
article thumbnail

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. launch in late 2020.

Georgia 59