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The electric automaker Rivian dropped three surprises Thursday during the reveal of its new, more affordable SUV – including news that the vehicle will be made in Normal.
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The electric automaker Rivian will eliminate one of its three shifts in Normal next month, saying it can meet this year’s modest production goals with only two shifts because the manufacturing plant is getting more efficient.
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Illinois Gov. JB Pritzker helped cut the ribbon Tuesday on a new $17 million manufacturing training facility – including an electric vehicle lab – at Heartland Community College in Normal.
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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 electric automaker Rivian said Wednesday it plans to cut 10% of its salaried workers, citing “challenging macroeconomic conditions.” The impact on Rivian’s workforce in Normal is not expected to be significant, given that the vast majority of its 8,000 local employees are hourly.
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Rivian plans to begin production of its compact SUV, the R2, in 2026 at its new manufacturing plant in Georgia.
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The electric automaker Rivian is out with a new “impact” report tracking progress on sustainability goals, workplace culture and employee diversity, and philanthropic efforts.
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Rivian is one of more than a dozen automakers to get a warning from U.S. senators to not block unionizing efforts by their employees.
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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.