""Thank you to our team members on site who sought safe shelter and followed our emergency management protocols when the tornado alarms sounded. I am proud of how everyone came together, not just to follow safety protocols, but to support one another and lead the cleanup and repair efforts with such care and determination.""
""Once we secure the impacted area, we anticipate resuming operations in Building 2 (specifically for R2) this week," spokesperson Marina Hoffmann said in an email, adding that operations at other facilities continue as planned."
"Rivian has invested time, resources and capital over the last five years to reduce the cost of manufacturing vehicles in its current R1 portfolio. But Rivian still loses money every quarter - in large part, according to Scaringe, because the company is investing in infrastructure now that will start to pay off when the R2 SUV reaches scale."
"The R2 SUV is supposed to help Rivian stop losing money. The automaker has a lot riding on the launch."
Rivian's factory in Normal, Illinois, sustained damage from an EF-1 tornado, affecting Building 2 where the R2 SUV is produced. Operations in this building have been paused, but the company plans to resume them within the week. CEO RJ Scaringe praised staff for their adherence to safety protocols during the tornado. The damage primarily impacts logistics for R2, but operations at other facilities continue as planned. Rivian aims for the R2 SUV to help improve its financial situation, as the company currently incurs losses while investing in infrastructure.
Read at TechCrunch
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