Rivian Expands Illinois Factory As It Gears To Start Production Of R2 SUV

EV startup Rivian Automotive Inc. (NASDAQ:RIVN) is expanding its factory in Illinois as it gears up for the start of production of its new R2 vehicle.

What Happened: “R2 expansion moving quickly!,” Rivian CEO RJ Scaringe said in a post on X, formerly Twitter. The CEO’s post was accompanied by a picture of the company’s Illinois factory.

Rivian was initially looking to start production of its R2 SUV at its new factory in Georgia. However, the company halted construction ...

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