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 60
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. You can explore Rivian’s R1S lease inventory here.

SUV 98
article thumbnail

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.

Price 97
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
article thumbnail

Rivian R2 bows: $45,000, over 300 miles, the future of the SUV?

Baua Electric

The Rivian R2 is two years away, but with the debut of an R2S in prototype form Thursday, it’s clear this electric SUV will arrive with a proposition unlike any EV yet: A boxy silhouette, rugged off-road chops, a range easily topping 300 miles, and a target price effectively below today’s average new-vehicle price, regardless of the fuel.

SUV 52
article thumbnail

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

Hyundai 52
article thumbnail

Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

At its own theater in Laguna Beach, California, the company presented the expected Rivian R2 electric SUV , a smaller sibling to the R1S that will start at $45,000, deliver more than 300 miles of range in most of its forms, and be comparable to the Tesla Model Y in overall footprint.

Dodge 52