_rivian-to-invest-361-5-billion-create-550-jobs-in-illinois-factory-expansion.jpg "Rivian to Invest $1.5 Billion, Create 550 Jobs in Illinois Factory Expansion from ky job specification Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 9.6M times
✓ Published: 04-May-2024
👁 View: 9.6M times
✓ Published: 04-May-2024
Description:
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_6-best-jobs-in-kentucky.webp "Central Kentucky Living")
_1-in-4-employed-americans-worry-their-job-is-in-danger.webp "One in four employed Americans worry that their job is in danger, according to new research, conducted by OnePoll for CSU Global.<br/><br/>A survey of 2,000 employed adults looked at how they see themselves in their current role and found that 25% are worried about losing their jobs in the next year.<br/><br/>These concerns stem from distress about the job market (25%) and knowing that they work in an unstable business or industry (22%).<br/><br/>Keeping up with their profession is also a challenge for respondents: 32% are worried that they’re falling behind or lacking the skills they need to be successful.")
_ky-work-ready.webp "Kentucky Career Center")
_kentucky-job-corps-careers-begin-here.webp "Cordillera Digital")
_job-specifications-124-what-is-job-specification-124-job-specification-example-meaning-definition.webp "Knowledge Topper")
⏲ 4 minutes 27 seconds 👁 5.4K
_central-ky-job-club-job-search-strategies.webp "FayetteCoCES")
_debunking-misconceptions-what-is-a-neet-and-why-do-they-need-support.webp "More than eight million young people across the EU are formally categorised as NEETs - not in employment, education or training. Professor Mark Levels explained to Real Economy why this group is in a precarious situation and how the EU is responding.")
_the-new-pro-israel-assault-on-free-speech-124-robert-wright-amp-andrew-day.webp "Nonzero")
⏲ 30 minutes 3 seconds 👁 1.1K
_6-best-jobs-in-kentucky.jpg)
_1-in-4-employed-americans-worry-their-job-is-in-danger.jpg)
_ky-work-ready.jpg)
_kentucky-job-corps-careers-begin-here.jpg)
_job-specifications-124-what-is-job-specification-124-job-specification-example-meaning-definition.jpg)
_central-ky-job-club-job-search-strategies.jpg)
_debunking-misconceptions-what-is-a-neet-and-why-do-they-need-support.jpg)
_the-new-pro-israel-assault-on-free-speech-124-robert-wright-amp-andrew-day.jpg)
![[+]](/images/menu.gif){kind=small}