Electric truck maker Rivian says construction on 1st phase of Georgia factory will proceed in 2024, ET Auto

Rivian currently produces its R1T pickup truck and R1S SUV at a factory in Normal, Illinois. The vehicles currently cost more than USD 70,000 apiece. Rivian Automotive will move ahead with construction on a factory in Georgia early next year, the company confirmed Thursday. The California-based electric truck company made the announcement as it opens…

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More affordable EVs coming? KG Mobility, formerly SsangYong, teams up with EV pioneer BYD to fast-track development of its electric vehicles

KG Mobility (KGM), known as SsangYong until last year, has announced it has partnered withChina’s BYD to gain access to its next-generation battery technology. BYD is now the world’s largest EV maker, after overtaking Tesla, and currently sells the Atto 3,Dolphin and Seal. It also produces its Blade Battery that is said to beat all…

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