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Rivian receives $827 million grant from Illinois to expand factory for R2 lineup

Sep 01, 2026•7 days ago
United StatesManufacturingTransportationAutomotiveElectric Vehicle

Description

Rivian has secured $827 million in incentives from the State of Illinois Department of Commerce and Economic Opportunity to support the expansion of its existing factory in Normal, IL. The funds will also be used to build out supporting infrastructure and boost job training programs for Rivian’s workforce.

Company Information

Company

Rivian

Location

United States

About

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers.

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