Rivian’s Georgia plant thanks to $6.6 billion lifeline
DOE loan could allow company to begin producing R2 and R3 in Peach State as early as 2028 November 26, 2024 19:20 Rivian's Georgia plant could begin production in 2028 after receiving a $6.57 billion loan. The loan supports a 9 million square foot electric vehicle factory that will produce 400,000 vehicles per year. With Trump back in the White House, there has been speculation that he may try to terminate the loan. The Department of Energy's Office of Loan Programs has conditionally committed a loan of up to $657 million (£5.24/€6.27) to Rivian. The funds will be used to develop and build an electric vehicle factory in North Stanton Springs, Georgia. The government said that if finalized, the loan would support the construction of a 9 million square foot (836,127 square meter) factory capable of producing 400,000 vehicles per year. It will produce the R2 and R3, which the Department of Energy optimistically calls "mass-market" electric vehicles. That's a…
Rivian’s Halloween updates include Knight Rider and Return
In addition, the night owl chirps and zombie walkers from previous Halloween updates will also return for a limited time. The Rivian R1T and R1S are dressed up for the Halloween season and receive a special software update. Highlights include graphics, lighting and sound effects inspired by KITT and the DeLorean Time Machine. These tricks are valid until November 4, and most only work when the electric car is parked. Rivian is coming up with more creative ways to get "spooky" this Halloween. The automaker announced a new software update for 2024 that adds "car costumes" inspired by the "Knight Rider" TV series and "Back to the Future" movies, as well as several Halloween-themed features. Both R1T and R1S will be updated for a limited time from October 18th to November 4th. The highlight is that the Rivian EV can use custom infotainment graphics as well as lightning and sound effects, More info: This Rivian R1T floated 150 feet during…
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