• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Rivian secures government incentives for Illinois expansion

ArenaEV
Electric vehicle startup Rivian is ready to expand its Illinois operations after securing a massive €771 million incentive package from the state. The planned expansion means the company could accelerate the rollout of its highly anticipated R2 SUV. The news has sparked a surge in Rivian’s stock price, with investors excited about the automaker’s plans. Rivian’s Normal, Illinois facility, purchased… Read more…

Bookmark the permalink.

Comments are closed.