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Rivian receives $827 million incentive package to expand Illinois assembly plant

NORMAL, IL – Electric vehicle maker Rivian plans to increase capacity at its assembly plant here to produce its midsize SUV, the R2. The company has secured an $827 million incentive package from the Illinois Department of Commerce & Economic Opportunity to support the expansion.

The incentive package will also support improvements to the plant's public infrastructure and the implementation of job training programs for Rivian employees. The expansion comes as Rivian prepares to begin production of the R2 and will also include participation in several city improvement projects.

Featuring a five-seat configuration, the R2 is built on the same platform as Rivian's existing R1S SUV and R1T truck.

Rivian first announced its plans to produce the R2 in March. The company has not yet provided a timeline for when the factory will be able to assemble the midsize SUV. In the meantime, Rivian's existing facility will continue to produce the company's R1S, R1T and commercial electric vans.

Since production began in 2021, Rivian has assembled more than 100,000 electric vehicles at its Normal plant.

Source: This article was edited by AI under human supervision.

Anna Harden

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