Rivian (RIVN) is still planning to build electric vehicles in Georgia, just not as soon as expected. After delaying construction, Rivian reaffirmed its commitment to an EV manufacturing plant in GA.
After unveiling the R2 last month, a smaller and more affordable electric SUV, Rivian announced it would begin production at its Normal, IL facility rather than its new $5B GA plant.
Rivian said the move would save $2.25 billion as the EV maker works to turn a profit. More importantly, CEO RJ Scaringe said it will help speed up the R2’s launch. Rivian is expected to begin R2 production in the first half of 2026.
However, not everyone is happy about the move. Although Rivian said Georgia remains “an extremely important part of its strategy to scale production of R2 and R3,” the state wants more answers.
On March 22, the Joint Development Authority (JDA) and the State of Georgia sent a letter to Rivian stating several concerns.
The letter stated that “this change in plans will require Rivian to promptly address issues,” like site conditions and safety. According to The Covington News, the letter outlined a “summary of near-term items that need to be addressed expeditiously.” At the end, it asked for “monthly updates” going forward.
Rivian reaffirms GA EV plant commitment
A response letter signed by Rivian’s chief policy officer and returned on April 18 reaffirmed the EV maker’s commitment to GA and its new manufacturing plant.
The letter stated, “Rivian further remains committed to complying with all federal and state regulations with respect to environmental matters and is further committed to ongoing coordination with the Georgia Environmental Protection Division.”
Although vertical construction is not expected to begin for some time, Hoffman confirmed that Rivian will continue to work to maintain the site.
“Rivian’s overall goal is to use the pause to prepare the Project to go vertical when the pause is lifted,” the company’s response read.
Rivian agreed to provide “continuous communication and transparency” as the project evolves. “Rivian will continue to provide timely updates to our partners and the community during the pause and as we approach start of construction.”
Less than 24 hours after launching, Scaringe revealed the R2 generated over 68,000 reservations.
The EV maker officially shut down production in Normal earlier this month as it prepares for upgrades to cut costs and improve efficiency. These improvements are not directly related to R2 but could help with future production.
Scaringe previously said Rivian expects “ideally over a million units of demand across the globe.” He added, “That means we will have at least two plants producing the vehicle.”
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Tesla (TSLA) has introduced a new direct discount for the Model Y in China as the latest of a series of incentives to boost demand during this critical end-of-quarter push.
The automaker regularly offers discounts at the end of every quarter, but the incentives to boost demand have been the most wide-ranging ever this quarter.
Over the last month, we have been documenting the many sale incentives and discounts that Tesla has put in place to ensure it creates the demand for a record quarter.
Tesla aims to deliver a record number of more than 515,000 vehicles in Q4 in order for its sales not to be down for the whole year. That’s ~30,000 more vehicles than Tesla’s last record quarter, which was Q4 2023.
And everywhere, Tesla is heavily subsidizing loans with lower interest rates. That has been the main incentive in China, Tesla’s biggest market, until now.
Tesla’s New Discount in China
Today, Tesla announced that it is offering a ¥10,000, the equivalent of $1,380 USD, discount on the final payment for new Model Y vehicles:
The new discount can be combined with Tesla’s subsidized 0% interest financing, which has been Tesla’s main incentive in China all year.
Electrek’s Take
Based on insurance data, Tesla is tracking ahead of last year’s deliveries in China, but it is going to need to beat its last record by a significant margin to make sure not to be down for the whole year.
Model Y is Tesla’s most popular vehicle, but Tesla is also going against the expectation of the design refresh coming early next year, which can negatively affect demand.
This discount is likely to combat that and maintain Tesla’s current good momentum in China.
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We now have more details on the massive recall, which just keeps growing. Hyundai and now Kia are recalling more than 208,000 electric vehicles in Canada and the US to fix a problem with the loss of driving power, which can increase the risk of a crash.
For the second time this year, the automakers are recalling huge swathes of EVs and other “electrified” vehicles in North America, citing concerns about a loss of driving power, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
In the US, Hyundai is recalling 145,235 EVs, including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. In Canada, Hyundai is recalling 34,529 vehicles that were produced between March and November of this year, according to Automotive News Canada.
As for Kia, the recall includes close to 63,000 Kia EV 6 vehicles from 2022 through 2024 in the US, but the company has yet to offer details on its Canada recall.
It looks like the issue stems from “the integrated charging control units in these vehicles, which may become damaged and fail to charge the 12-volt battery. This malfunction could lead to a complete loss of drive power, posing safety risks for drivers,” the NHTSA stated.
Back in March, Hyundai, Kia, and Genesis issued a similar recall for 147,110 electric vehicles – that recall centered, again, around damaged integrated charging control units failing to charge the battery.
The South Korea automaker has said that all owners of affected vehicles will be notified by letter mail on the next steps to take. This will involve bringing your vehicle to one of the company’s dealers to inspect and replace the charging unit and its fuse if necessary, along with performing a software update for the charging units.
Importantly, no crashes, injuries, fatalities, or fires due to this issue have been reported in the US or Canada, Hyundai reported.
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A group of Tesla vehicles spotted under covers at the automaker’s test track at the Fremont factory is raising some questions.
Tesla has a very small test track on the ground of its first factory, Tesla Fremont, in California.
Now and again, people fly drones over the factory and catch glimpses of new cars being tested. Youtuber ‘Met God in Wilderness’ is one of those drone pilots who regularly fly over the factory and while he didn’t catch vehicle being tested, he did catch some curious vehicles under covers next to the track:
The vehicles are all covered, and therefore, it’s hard to tell exactly what they are, but the different shapes are intriguing and raise some questions.
It looks like three, maybe four, different kinds of vehicles:
We know that Tesla is working on three new specific vehicles: a Model Y design refresh, and two new cheaper models based on Model 3 and Model Y.
All three vehicles are expected to be unveiled early next year.
Electrek’s Take
At the risk of stating the obvious, getting much information from vehicles hidden under cover can be hard. It’s even possible that some of those have shape camouflage, which is sometimes used by automakers – although I don’t remember Tesla ever using that.
So here are my best guesses. Take them for what they are: guesses.
The most interesting ones to me are the first two on the left in the picture above. The last vehicle on the left looks like it could be a smaller Model 3.: