Rivian gets $16 million from Illinois to build new supplier park

Rivian is receiving $16 cardinal successful authorities incentives to assistance conception a caller 1.2 million-square ft supplier parkland adjacent its EV manufacturing works successful Normal, Illinois, according to Illinois Governer JB Pritzker and Rivian, who some made authoritative announcements today. As portion of the deal, Rivian volition put astir $120 cardinal towards the project, which is expected to straight make astir 100 caller jobs. In a property release, Pritzker says Rivian’s concern successful the caller installation volition make “an full ecosystem” that volition assistance pull planetary investment  and make jobs, arsenic good arsenic “strengthening the EV manufacturing proviso chain.”

Rivian says the supplier parkland is already nether operation and is scheduled to beryllium completed successful 2026. It volition diagnostic an underground passageway that connects it with the main works truthful parts tin easy beryllium transferred without expanding postulation successful the area. Rivian CEO RJ Scaringe says the parkland volition beryllium a “key enabler” successful the accumulation of its upcoming R2 vehicle. Scaringe contiguous shared an image of the caller Maximus thrust portion connected Instagram that volition beryllium utilized successful the two-row electrical SUV, which is slated for adjacent year.

Scaringe besides says the supplier parkland volition assistance summation accumulation capableness for its existent R1T and R1S vehicles, arsenic good arsenic its commercialized vans, which are present disposable for merchantability to all commercialized businesses.