financetom
Business
financetom
/
Business
/
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Aug 29, 2024 8:31 AM

(Reuters) - A fire broke out at a parking lot at Rivian 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 due to a shortage of parts but expects to recover all missed production.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This Industrial Giant Stock Hit 52-Week High On Strong Aerospace Performance
This Industrial Giant Stock Hit 52-Week High On Strong Aerospace Performance
Nov 6, 2025
Parker Hannifin Corp. ( PH ) stock is trading higher on Thursday after it reported first-quarter FY26 sales of record $5.08 billion, exceeding analyst expectations of $4.94 billion. PH shares are testing new highs. Check the full analysis here Parker Hannifin ( PH ) designs, manufactures, and distributes motion and control technologies and systems for serving aerospace, transportation, industrial machinery, energy, and life sciences...
NevGold Announces C$10 Million Brokered Private Placement Financing; Shares down 4.3%
NevGold Announces C$10 Million Brokered Private Placement Financing; Shares down 4.3%
Nov 6, 2025
11:57 AM EST, 11/06/2025 (MT Newswires) -- NevGold ( NAUFF ) on Thursday said it is looking to raise $10 million from a best efforts private placement of share units. The company said it will offer an unspecified number of units in the financing, with each priced at $0.65 and made up of a share and one half of a...
Electrovaya Closes $28.1 Million Public Offering
Electrovaya Closes $28.1 Million Public Offering
Nov 6, 2025
11:57 AM EST, 11/06/2025 (MT Newswires) -- Electrovaya ( ELVA ) said Thursday it closed a public offering that generated about $28.1 million in gross proceeds. The offering comprised 4.7 million common shares priced at $5.20 each and included the full exercise of the overallotment option for an additional 705,000 shares. The company plans to use the proceeds to invest...
Microsoft Working on Advanced AI Called 'Humanist Superintelligence'
Microsoft Working on Advanced AI Called 'Humanist Superintelligence'
Nov 6, 2025
11:57 AM EST, 11/06/2025 (MT Newswires) -- Microsoft ( MSFT ) AI said Thursday that it is working on an artificial intelligence called Humanist Superintelligence, designed to make advances in fields such as medicine, clean energy, and science. The MAI Superintelligence Team has been formed to develop the AI, which will be headed by Microsoft AI Chief Mustafa Suleyman, according...
Copyright 2023-2026 - www.financetom.com All Rights Reserved