Rivian's Illinois Plant Catches Fire; Multiple EVs Suffer Extensive Damage
By Israel Monte
Aug 25, 2024 10:32 PM EDT
One of Rivian's plants has caught fire, causing extensive damage to multiple EVs.
Reuters reported Sunday that the parking lot at Rivian's Normal, Illinois, plant caught fire earlier on Saturday, damaging several electric vehicles. A spokesperson for the automaker told the outlet that there were no reports of injuries and the incident is being investigated.
According to the Normal Fire Department, the assembly plant was not affected by any means since the parking lot was located 130 miles (209 km) south of Chicago. The EV maker has yet to confirm the exact number of vehicles impacted by the fire.
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The automaker plans to create cheaper R2 SUVs in the plant and release the vehicles in 2026. This 2024, Rivian temporarily closed the plant down for a major upgrade that's beneficial for manufacturing and cost-cutting.
Rivian's Normal plant is a major manufacturing facility for the automaker and a second assembly plant in Georgia is currently being planned. Furthermore, Rivian has also stopped the production of its commercial delivery vans due to component shortage.
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Meanwhile, Rivian already expected a decline in its production and deliveries in the third quarter. After going through a factory shut down in April, the company decided to rebuild its depleted inventory, according to Rivian CEO, RJ Scaringe.
In volatile trading, the automaker's shares declined at 6%. It was also reported that Rivian would stop producing for one month in 2025 to follow up a small vehicle introduction in 2026. Scaringe stated that Rivian is doubling its efforts in making dual motor vehicles.
Rivian has also initiated a recall on its R1S and R1T variants from 2022 and 2023 due to incorrect tire placard information. As countermeasure, Rivian dispatched corrected placard labels to all affected owners through mail.
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