Categories: Stocks / ETFs

Fire at Rivian’s Illinois plant damages multiple EVs, no injuries reported By Reuters


(Reuters) – A fire broke out at a parking lot at Rivian (NASDAQ:) Automotive’s manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday.

There were no reports of injuries and the cause of the fire was being investigated, a company spokesperson told Reuters.    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 Department said in a statement to Reuters.

Rivian did not confirm the number and type of vehicles affected.    Rivian, known for its R1S SUVs and R1T pickups, is expanding the Normal plant to produce its smaller, less expensive R2 SUVs that are expected to roll out in 2026 and seen as critical to its success.    The company this year shut the plant down for three weeks for a major retooling that is meant to simplify manufacturing and slash costs.    The EV maker produces all its vehicles at the factory in Normal, with a second assembly plant planned in Georgia.    Last week, it temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com (NASDAQ:) due to a shortage of parts but expects to recover all missed production.



Source link

admin2

Share
Published by
admin2

Recent Posts

May 30 – Westend Seniors Activity Centre

Descrease article font size Increase article font size Alberta’s biggest Seniors Week celebration returns June…

2 hours ago

How the VictoryShares Free Cash Flow ETF Is Outperforming the Market in 2026

The VictoryShares Free Cash Flow ETF (VFLO) has outpaced the broader U.S. equity market, year-to-date…

3 hours ago

Wembanyama scores 33 as Spurs rip Thunder to level NBA playoffs | Basketball News

Published On 25 May 202625 May 2026Victor Wembanyama has scored 33 points to lead the…

4 hours ago

Ethereum Price Stuck In Downtrend Despite Strong Spot Demand

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum…

4 hours ago

May 30 — Live Younger, Medical Aesthetics Clinic

Descrease article font size Increase article font size Live Younger, Medical Aesthetics Calgary, on Talk…

5 hours ago

Halifax police say missing newborn found dead, 2 people charged – Halifax

Descrease article font size Increase article font size Halifax police say the search for a…

8 hours ago