Rivian wins $827M incentive package to expand Illinois factory for R2 production
TechCrunch·2024-05-03 12:02
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2.
Rivian announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds, which will be used to expand the automaker’s existing factory in Normal, Illinois, build out supporting infrastructure and boost job training programs for its workforce. Updates to the factory will begin “in the coming months.”
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