Electric Vehicles

Huge compensation agreements for the CEOs of Rivian and Tesla may not be excessive even though they range from several billion to a trillion dollars, according to an expert from ISU's College of Business.

The board of electric automaker Rivian has restructured the pay package for Chief Executive Officer RJ Scaringe that could net him $4.6 billion over the next decade.

Trump administration trade and regulatory policy initially hurt Rivian. Changes in the administration stance may now help some.

Fourteen new electric-vehicle charging stations are coming to gas stations and a restaurant in McLean County, as part of a second round of federal grants aimed at bolstering EV charging capacity along interstate corridors.

The implementation of climate and environmental policy may become more challenging during the Trump administration, but the fight is far from over, according to one national environmental advocate.

Rivian isn't saying how many employees at the Normal plant will be affected, but a source familiar with the matter tells WGLT nine jobs are being cut in Normal.

Under the 2023 Electric Vehicle Charging Act, newly built houses are required to include EV-capable infrastructure. State Sen. Sally Turner, a Republican from Logan County, sponsored a bill that lifts that requirement for nonprofits who are building homes for at-risk veterans. She said the requirement drives up construction costs.

Ameren Illinois will give the Town of Normal money to help it implement a transportation electrification plan developed with the utility company.

A Canadian manufacturer of electric vehicles plans to build its first U.S. assembly plant in the Peoria region, with a capital investment of more than $31.5 million over four years.

The electric automaker Rivian said Wednesday that it’s spinning off a micromobility business into its own separate startup, called Also.