_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 www bangla new normal video comma koutuke0a6be e0a6ade0a6bfe0a6a1efbfbd cfg contactform inc administrator components com maian1charts php ofc library ofc upload image php Video Screenshot Preview")
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✓ Published: 04-May-2024
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✓ Published: 04-May-2024
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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.
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