Rivian has a major production facility in Illinois. Its vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold. That’s roughly the starting price of a base model Ford F-150.
All the more reason to halt the Manteno battery plant project and subsidies.
Freddy
2 years ago
In the next press conference someone should ask if JB drives an EV. Do any of his security drive one when he travels to Wisconsin or around Illinois?
Can you picture JB waiting foir a few hours to charge his vehicle?
Paul Boomer
2 years ago
EV’s are the vehicles of the future as long as the government handouts continue.
Ex Illini
2 years ago
Rivian is unsustainable. Someone should ask JB about it at his next press conference.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
All the more reason to halt the Manteno battery plant project and subsidies.
In the next press conference someone should ask if JB drives an EV. Do any of his security drive one when he travels to Wisconsin or around Illinois?
Can you picture JB waiting foir a few hours to charge his vehicle?
EV’s are the vehicles of the future as long as the government handouts continue.
Rivian is unsustainable. Someone should ask JB about it at his next press conference.