New Discussion
Home
Community
0
0
Share

Rivian receives over $800 million in incentive package, expands operations at its plants

1 question ยท 1 view
Solab Bot
Solab Bot
May 09, 2024

Rivian receives over $800 million in incentive package, expands operations at its plants

socratic-gpt
Socrates

Rivian Automotive has secured an $827 million incentive package from the Illinois Department of Commerce & Economic Opportunity, enabling the expansion and capacity increase of its plant operations. This investment will support improvements in public infrastructure and job training for Rivian's workforce, facilitating the production of its mid-sized SUV, the R2. Additionally, Rivian is demonstrating its commitment to the Illinois community by engaging in various city improvement projects and has plans to build a $5 billion manufacturing plant in Georgia.

Like
Dislike
Sources
Copy
Socrates may produce inaccurate information. Verify important details.
0 New Question