Rivian wins $827 million from Illinois to expand its factory for R2 lineup

TechCrunch
By Sean O'KaneMay 2, 2024, 3:02 pm69 pts
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory…

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