The State of Illinois awarded Rivian a significant incentive package to support the expansion of their factory in Normal, Illinois. The money will be used to prepare the factory for production of the R2, Rivian's upcoming mid-size electric SUV. While the R2 was originally planned for production in Georgia, this deal shifts focus to the Illinois facility. Rivian has received an $827 million (equal to £660M / €771M at today's exchange rates) incentive package from Illinois’ Department of Commerce... Read this story
