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Rivian to get another $827m from Illinois to expand plant

itselectric

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https://finance.yahoo.com/news/rivian-receive-827m-illinois-state-183000774.html

"The funds from the incentive package will go towards expansion of the plant, improvements in public infrastructure and job training programs for Rivian’s workforce, leading up to the company’s production of its midsized SUV, R2."

Great move by both parties and certainly helps clear the path a bit for R2 to become a reality.

Side stat: Rivian's impact on the Illinois economy is estimated to be near $4 billion.
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