In the fast-paced world of software development, artificial intelligence (AI) has emerged as a crucial ally for coders, offering assistance that can significantly speed up the coding process. However, many developers are seeking alternatives to popular subscription-based services like GitHub Copilot, which, while powerful, come with ongoing costs and potential privacy concerns. If you’re among […]
Claude 3 might catch your attention with its ability to write in a way that captivates readers. However, you may find that its potential is somewhat limited because it doesn’t connect to the internet and relies solely on data it was trained on. On the other hand, ChatGPT-4 comes with a wider array of skills. […]
If you are searching for an easy way to have all your photos, files, and digital memories stored securely in one place, accessible from anywhere, without the hassle of complex setup procedures. The Synology BeeStation is here to make that a reality. This new network-attached storage (NAS) device is designed with you in mind, offering […]
Apple has released watchOS 10.4 for the Apple Watch, this follows on from the recent release of the new macOS Sonoma 14.4 update for the Mac, iOS 17.4 and iPadOS 17.4 for the iPhone and iPad, and now the Apple Watch update. In the new watchOS 10.4 software update there are several changes including the […]
Imagine you’re out and about, your phone’s battery is dwindling, and you’re miles away from the nearest outlet. You need a power boost, and you need it fast. Enter the Flashtape wireless cassette magnetic battery pack, a nifty gadget that’s here to save the day. It’s like having a little bit of the past in […]
Apple just launched their new MacBook Air and the device comes with the Apple M3 processor it comes with a choice of a 15-inch or a 13-inch display. The video below from Matthew Moniz gives us a look at the new 15-inch MacBook Air and also compares it to the 14-inch MacBook Pro. This detailed […]
Rivian generally had a good day yesterday, launching the R2 SUV along with the surprise R3 crossover and dune buggy-esque R3X that were met with general acclaim. Buried in that press release, however, was the news that the automaker is halting production of its $5 billion Georgia plant in order to save money.
Instead of building the R2 in Georgia as originally planned, the company will start production of the electric SUV at its existing Normal, Illinois plant. "Beyond significantly reducing the amount of capital needed to bring R2 to market, the company believes this approach considerably reduces risk to the launch and associated ramp," the company said.
The move will also allow Rivian to bring the R2 to market sooner, in the first half of 2026, while saving the company $2.25 billion in capital spending in the short term. That's important since it has been burning through cash of late, according to recent reports.
Elliot Ross Studio
Of all the EV startups to come along of late, Rivian has been one of the most promising thanks to significant investments from Amazon, Ford and others. The company's electric R1T pickup and R1S SUV were also widely praised for their attractive designs, healthy range and more.
Ramping up an automotive startup is no easy feat, though, especially in a market that's been tough on EVs of late — with even stalwart Tesla feeling the pinch. It doesn't help that startup rivals like Fisker are having serious cash flow issues, as it may spook consumers wary of untested EV brands.
Rivian selected Georgia as the site for its second EV factory back in 2021, receiving up to $1.5 billion in state incentives. At the time, the company said it hoped to eventually produce 400,000 electric vehicles there annually. With plant changes, the Normal, Illinois facility will augment capacity to 215,000 units annually across R1T, R1S, EDV, RCV, and R2.
The Georgia location remains in the picture, but Rivian only said it construction would restart later. "Rivian’s Georgia plant remains an extremely important part of its strategy to scale production of R2 and R3," it said in a statement.
This article originally appeared on Engadget at https://www.engadget.com/rivian-is-halting-construction-of-its-5-billion-georgia-plant-to-save-money-082236810.html?src=rss
Rivian generally had a good day yesterday, launching the R2 SUV along with the surprise R3 crossover and dune buggy-esque R3X that were met with general acclaim. Buried in that press release, however, was the news that the automaker is halting production of its $5 billion Georgia plant in order to save money.
Instead of building the R2 in Georgia as originally planned, the company will start production of the electric SUV at its existing Normal, Illinois plant. "Beyond significantly reducing the amount of capital needed to bring R2 to market, the company believes this approach considerably reduces risk to the launch and associated ramp," the company said.
The move will also allow Rivian to bring the R2 to market sooner, in the first half of 2026, while saving the company $2.25 billion in capital spending in the short term. That's important since it has been burning through cash of late, according to recent reports.
Elliot Ross Studio
Of all the EV startups to come along of late, Rivian has been one of the most promising thanks to significant investments from Amazon, Ford and others. The company's electric R1T pickup and R1S SUV were also widely praised for their attractive designs, healthy range and more.
Ramping up an automotive startup is no easy feat, though, especially in a market that's been tough on EVs of late — with even stalwart Tesla feeling the pinch. It doesn't help that startup rivals like Fisker are having serious cash flow issues, as it may spook consumers wary of untested EV brands.
Rivian selected Georgia as the site for its second EV factory back in 2021, receiving up to $1.5 billion in state incentives. At the time, the company said it hoped to eventually produce 400,000 electric vehicles there annually. With plant changes, the Normal, Illinois facility will augment capacity to 215,000 units annually across R1T, R1S, EDV, RCV, and R2.
The Georgia location remains in the picture, but Rivian only said it construction would restart later. "Rivian’s Georgia plant remains an extremely important part of its strategy to scale production of R2 and R3," it said in a statement.
This article originally appeared on Engadget at https://www.engadget.com/rivian-is-halting-construction-of-its-5-billion-georgia-plant-to-save-money-082236810.html?src=rss
In this guide, we look at how you can use a Samsung Galaxy Tablet as a secondary display with a Windows PC or laptop. In an era where multitasking has become a prerequisite for productivity, extending your computer’s display onto a second screen can significantly enhance your workflow. If you own a Windows 10 or […]
We recently got the new iOS 17.4 and iPadOS 17.4 software updates for the iPhone and iPad and now Apple has also released their macOS Sonoma 14.4 software update for the Mac. This update brings some new features to the Mac, plus a range of bug fixes and performance improvements. One of the more visually […]
