Rivian Begins Production of R2 EV Ahead of Spring Deliveries
Rivian has started production of its new R2 all-electric vehicle at its Normal, Illinois plant, with customer deliveries expected later this spring. The R2 is a more affordable model compared to Rivian's flagship R1 SUV and is expected to help the company reduce costs and achieve profitability. The production milestone comes amid recent challenges, including a tornado that damaged part of the plant.
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Topics: automotive industry electric vehicles production start profitability Rivian R2