Electric Rivilution
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- Bill
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https://electrek.co/2024/08/20/rivian-rivn-approved-major-plant-expansion-r2/
Rivian (RIVN) approved for major plant expansion for R2
The Normal Town Council voted in favor of Rivian’s plant expansion on Monday. The amendments to its site plan include a new “R2” building, a 1.14 million sq ft building on the east of the main plant.
It also includes expanding its current 3.8 million sq ft plant by about 208,000 sq ft, or roughly 5%. The additions include a conveyor system connecting Rivian’s current building to the new R2 facility, which is already under development.
Rivian said the move would get R2 to market quicker while saving around $2.25 billion. Planned upgrades will enable up to 215,000 EVs to be built in Normal, up from around 150,000.
At 155,000 units annually, R2 output is expected to nearly double that of Rivian’s R1T and R1S. Production is slated for early 2026.
Rivian (RIVN) approved for major plant expansion for R2
The Normal Town Council voted in favor of Rivian’s plant expansion on Monday. The amendments to its site plan include a new “R2” building, a 1.14 million sq ft building on the east of the main plant.
It also includes expanding its current 3.8 million sq ft plant by about 208,000 sq ft, or roughly 5%. The additions include a conveyor system connecting Rivian’s current building to the new R2 facility, which is already under development.
Rivian said the move would get R2 to market quicker while saving around $2.25 billion. Planned upgrades will enable up to 215,000 EVs to be built in Normal, up from around 150,000.
At 155,000 units annually, R2 output is expected to nearly double that of Rivian’s R1T and R1S. Production is slated for early 2026.
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