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Rivian officials said Tuesday there are early signs of success from their plan to more proactively generate demand for their electric vehicles – a critical step as the company looks to turn a modest gross profit by the end of this year.
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The state’s goal of getting 1 million EVs on the road by 2030 is a lofty one. And to hit it, even communities like Bloomington-Normal that have a high EV IQ — thanks to Rivian and a resurrected EVTown initiative — will need more education and hand-holding.
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In two weeks, State Farm’s auto insurance customers in Illinois will see their rates go up again – for the fourth time in less than a year. Together they’ve raised the average cost about $200.
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The Bloomington City Council on Monday will consider a developer’s $18.5 million plan to build luxury apartments and townhomes on a long-vacant property just east of downtown. The developer is asking for $4.5 million in incentives to do it.
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Homeless shelter managers in Bloomington believe they have found a long-term solution to a shortage of emergency beds during the winter, but they are still about 50 beds short this winter.
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Sunnyside Urban Farm serves several nonprofits, and will employ 10 teenagers from within a two-mile radius in west Bloomington.
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Rivian’s founder and CEO RJ Scaringe said Tuesday that the constant tinkering they’re doing now to lower the cost of manufacturing will serve the company well as the electric-vehicle business gets a lot more crowded in the coming years.
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Maria Alvarez from Maria's Cakes is now one of Bloomington-Normal’s most successful professional cake makers. She became popular, in part, by making cakes for Bloomington-Normal’s Hispanic families for quinceañeras.
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Bloomington-based Heritage Operations Group is selling off about half its fleet of nursing homes, and cutting administrative staff.
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Jenna Smith is a nutrition and wellness educator with University of Illinois Extension based in Bloomington. She guides would-be food entrepreneurs and actually helped shape some recent changes to Illinois’ Home-to-Market law.
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Electric automaker Rivian has a big order to fill for Amazon — to the tune of 125,000 delivery vans. So when the assembly of one component began to create a chokepoint in the entire production process, the electric vehicle manufacturer with a plant in Normal outsourced the job to a Peoria not-for-profit.
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Top officials at Rivian told investors over and over again Tuesday that they have a plan to become profitable – and that involves a much more productive manufacturing plant in Normal.