Capitol Fax.com - Your Illinois News Radar » More good news from Rivian
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
More good news from Rivian

Monday, Jan 27, 2020

* The company continues to impress. From Bloomberg

Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., will provide the “skateboard” platform for a premium, high-performance electric Ford vehicle, its top executive said.

“In Ford’s case, we provide the platform.” Rivian Chief Executive Officer R. J. Scaringe said in an interview on Saturday. “They will provide the top hat, the body and the interior.”

The “skateboard” is the entire platform, including the motor, battery pack, computer systems and wheels. The design is modular and allows for different vehicle body types to be added on top. Rivian is seeking partnerships to scale and grow beyond its own consumer electric vehicle offering.

Ford invested in Rivian in April and announced its intention to build a vehicle using Rivian’s technology. Scaringe declined to comment on the vehicle class or design, and didn’t confirm which party would assemble the final Ford vehicle or give a date for its release.

* Pantagraph

Rivian has invested $29.4 million in its future Normal production facility in recent weeks as work progresses inside and outside the former Mitsubishi Motors North America plant to reconfigure for electric vehicle manufacturing later this year.

“2020 is going to be a significant year for Rivian, not only for construction of the vehicle but for the facility as well,” Zach Dietmeier, Rivian plant communications manager, told The Pantagraph.

Among building permits issued in recent weeks for Rivian, 100 N. Rivian Motorway, has been $11.3 million to Lesco Design and Manufacturing Inc., LaGrange, Ky., for construction of a conveyance line for final assembly of the vehicle.

“It’ll be done, hopefully, within the next month of so,” Dietmeier said.

* Engadget

Rivian’s first vehicles are getting a price cut of sorts months before they even roll off the line. Company founder RJ Scaringe told Reuters in a chat that the electric R1T truck and its R1S SUV counterpart would cost less than originally announced. He didn’t provide full pricing, but he indicated that a mid-range R1T with 300 miles of range and an electrochromic glass roof would sell for $69,000, while a comparable R1S would sell for $72,000. The automaker had pegged the starting prices for the R1T and R1S at $61,500 and $65,000 respectively.

It’s not certain what prompted the lower prices, though it might just be a matter of economies of scale. Scaringe told Engadget in 2018 that the initial production would focus on “thousands of units” and ramp up. Rivian has racked up “such a long queue” since then, according to Scaringe. If the company is better-prepared for production, it could meet that demand (and thus reach profitability) that much sooner.

- Posted by Rich Miller        

14 Comments
  1. - Dan Johnson - Monday, Jan 27, 20 @ 11:27 am:

    Would be great this session if we could figure out how to significantly increase the amount of electric chargers we have in our state.


  2. - Grandson of Man - Monday, Jan 27, 20 @ 11:32 am:

    Very glad that as the current president rips away environmental protections, some companies are moving forward with environmentally-friendly vehicles.

    This is also great for the region, to get people jobs and not use the RTWFL nonsense that pits states against each other in a race to the bottom and lowers standards of living.


  3. - Oswego Willy - Monday, Jan 27, 20 @ 11:39 am:

    === “I can’t give this plant away,” Rauner said then, adding, “No auto company wants to invest in Illinois because of (House Speaker MICHAEL) MADIGAN’s power, because of regulations and taxes.”===

    Good news today. Hoping it continues to impress.


  4. - Bertrum Cates - Monday, Jan 27, 20 @ 11:45 am:

    Kyle Ham, Mayor Koos, and the Normal Town Council really did this project a solid. It has persevered despite all of the skepticism and harsh words from even the state’s chief executive. Now it certainly appears it is on-track to meet DCEO’s projections >> https://www.pantagraph.com/news/local/rivian-automotive-in-talks-for-mitsubishi-plant/article_3d659f23-6216-515c-a5af-954a14079f4c.html


  5. - Honeybear - Monday, Jan 27, 20 @ 12:09 pm:

    I’m very glad I was wrong about Rivian.
    I admit I thought they were an incentives scam like Foxcon pulled in WI.
    It seems that I was wrong.
    I am glad I was.
    I hope that they continue to be successful and that Illinois’ tax incentive will be well used to revitalize the Bloomington Normal area.


  6. - Da Big Bad Wolf - Monday, Jan 27, 20 @ 12:28 pm:

    == I’m very glad I was wrong about Rivian.==
    It’s easy to get skittish when we’ve been burned so often. Yes it’s good news and I’m happy for those in the area.


  7. - Simple Simon - Monday, Jan 27, 20 @ 12:38 pm:

    Rivian plant makes
    trucks and Illinois jobs too.
    What last governor?


  8. - Blue Dog Dem - Monday, Jan 27, 20 @ 1:37 pm:

    Did I miss the Rivian/UAW agreement? I cant find it anywhere


  9. - Donnie Elgin - Monday, Jan 27, 20 @ 1:38 pm:

    Good news for B/N Rivian projects up to 1,000 employees in next decade. UAW is already taking notice…

    “That’s up to the (Rivian) workers themselves if they want to organize,” McInvoy said. “It’s the workers’ choice if they become union. If they contact us, we’ll work with them.”


  10. - Annonin' - Monday, Jan 27, 20 @ 1:47 pm:

    Always chuckle when Rivian is mentioned because GovJunk never remembered these guys had landed in IL. It says a lot about why he got run out of IL.


  11. - justwondering - Monday, Jan 27, 20 @ 1:59 pm:

    Aren’t these increase from original pricing?


  12. - Blue Dog Dem - Monday, Jan 27, 20 @ 4:54 pm:

    Yea, I am going to go there. Until Tesla snd Rivian signs an union contract, i hope they are not that successful. Every vehicle they produce is one that competes with the brothers snd sisters of the UAW.


  13. - Demoralized - Monday, Jan 27, 20 @ 5:04 pm:

    Wow BDD. How about you take your happy self up to Bloomington and let those workers know you hope they fail and lose their jobs. Heckuva a guy you are.


  14. - Da Big Bad Wolf - Tuesday, Jan 28, 20 @ 6:34 am:

    == Every vehicle they produce is one that competes with the brothers snd sisters of the UAW.==
    I made a point to buy a UAW car. My car was made in the factory Tesla uses today. Over ten years old and it’s still a great car. But every worker, union or nonunion, is my brother. They’ll get a chance to vote on this. And the fact they do vote is important to the union cause. (And is why the phrase “forced unionism” is nonsense).


TrackBack URI

Sorry, comments for this post are now closed.


* It's just a bill
* Coronavirus roundup
* A Fatal Error
* Gaming roundup: No betting on Illini/DePaul tournament games; Indiana's troubles; Harmon's video gaming gusher; Sweepstakes issues
* Pritzker won't have to sit for deposition
* Rep. Delgado qualifications hearing won't happen until after the primary
* Rate Darren Duncan's new TV ad
* Now, here's something you don't see every day
* The Illinois Credit Union League: Helping Credit Unions Succeed By Working Together!
* Underwood is basically on her own
* Open thread
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** LIVE COVERAGE ***
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller