Rivian receives state funding to expand its Illinois EV factory

- Advertisement -spot_img

US EV manufacturer Rivian has received an $827-million incentive package from the Illinois Department of Commerce & Economic Opportunity to expand the capacity of its plant in the state.

The funding will enable Rivian to upgrade the facility over the coming months to manufacture the R2, its midsized SUV model. At the same time, the plant will continue to produce its R1S, R1T, and commercial electric delivery vehicles.

Since production began in 2021, the facility has manufactured over 100,000 EVs, the company said.

“The support from the state will allow us to quickly bring our midsize SUV, R2, to market and provide even greater consumer choice for EVs,” said RJ Scaringe, Rivian founder and CEO.

Source: Rivian

Advertise on EV Magazine

Source link

#Rivian #receives #state #funding #expand #Illinois #factory


Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Related Articles

Electric events calendar

Upcoming Events

Latest Articles