Rivian to invest USD 1.5 billion, secures USD 827 million to expand in Illinois
On May 2, the State of Illinois announced it will provide Rivian with an incentive package worth USD 827 million to expand its facilities and build its upcoming R2 electric crossover in the state.
In return, Rivian will add at least 550 jobs over the next five years, maintain an overall total of 6,000 jobs in Illinoi....
In return, Rivian will add at least 550 jobs over the next five years, maintain an overall total of 6,000 jobs in Illinoi....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)