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Electric automaker Rivian had negative gross profit of $606 million in the fourth quarter alone. Yet the company that has a production facility in Normal said it will bridge to a modest gross profit in the fourth quarter of this year.
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The college expand its electric vehicle programs with the help of a $525,000 grant from the Illinois Community College Board.
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Connect Transit may change how much it charges for rides on the Bloomington-Normal bus system and modernize its fare boxes. A proposal will go board members at their February meeting. If approved, the draft package would be put out for the public to offer input before any formal adoption.
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Electric automaker Rivian exceeded its production target for last year. The company said Tuesday that it made 57,232 vehicles at its manufacturing plant in Normal in 2023.
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Rivian and AT&T have announced Rivian’s first sale of electric vans to a company other than Amazon. Rivian announced earlier this year it would end its exclusive agreement with Amazon and begin selling to other businesses.
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The Federal Railroad Administration is giving Illinois $95.1 million for passenger train service. Some of that will go toward the Chicago-to-St. Louis corridor that includes Bloomington-Normal, Pontiac and Lincoln in central Illinois.
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Gov. JB Pritzker recently voiced support for the Chicago Hub Improvement Program (CHIP), a plan that also holds promise for Amtrak service through Bloomington-Normal. The investment in transportation infrastructure would fix several problems at Union Station and connect it to two potential passenger-focused main lines.
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Connect Transit cut back service frequency last October due to a driver shortage. The agency made similar reductions in 2021 for the same reason.
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The massive influx of federal money for Amtrak from the infrastructure law will help the Chicago-to-St. Louis corridor — even though much of the rolling stock on the corridor has been replaced over the last decade, says Normal Mayor Chris Koos, a nominee to serve on the board of the passenger rail system.
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The Town of Normal is exploring how to redesign a 1.85-mile stretch of Vernon Avenue, running from Beaufort Street on the west to Towanda Avenue on the east.