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The fire was at a parking lot on the north side of the four-million-square-foot factory, located 130 miles (209 km) south of Chicago, and the assembly plant was unaffected, the Normal Fire ...
Rivian continues to investigate what sparked a blaze that caused more than $5 million in damages in the parking lot of its factory in Illinois.
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]
That grant will help Rivian save more than $2.25 billion in capital spending as it expands its Illinois factory to begin building the R2 vehicle platform it announced. But another tailwind has ...
After a long stretch of share price weakness, the market has finally started to shift its sentiment. Since the beginning of November, for instance, Rivian's stock value has increased by roughly 40%.
The name of the company changed to Rivian Automotive in 2011. [17] [18] In November 2021, Rivian went public, listing its shares on the Nasdaq. [19] Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has veto power over board decisions due to his 100% ownership of the company's class B shares. [20]
Fisker Inc. was an American automotive company founded by Danish automotive designer Henrik Fisker and his wife Geeta Gupta-Fisker. Launched in 2016 and based in Manhattan Beach, California, Fisker Inc. was the successor to Fisker Automotive. [3]
The company will now build everything in its existing Illinois factory, pausing construction on the Georgia plant until "later." Rivian Pauses Construction at Factory That Costs Georgia Taxpayers ...