_rivian-to-invest-361-5-billion-create-550-jobs-in-illinois-factory-expansion.jpg "Rivian to Invest $1.5 Billion, Create 550 Jobs in Illinois Factory Expansion from jism 2 photo Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 9.7M times
✓ Published: 04-May-2024
👁 View: 9.7M times
✓ Published: 04-May-2024
Description:
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_china-says-philippines-agreed-to-stay-out-of-panatag-shoal-under-duterte-admin-124-the-wrap.webp "Here are today’s headlines – the latest news in the Philippines and around the world:<br/>- Chinese embassy: Under Duterte, Philippines agreed to keep gov’t out of Panatag Shoal<br/>- Philippines falls 2 places in 2024 World Press Freedom Index<br/>- Universal Music Group artists to return to TikTok after new licensing pact<br/>- Harvey Weinstein will be retried in New York after rape conviction overturned<br/>- Patricia Evangelista wins 2024 Helen Bernstein Book Award for Excellence in Journalism<br/><br/>https://www.rappler.com/video/daily-wrap/may-3-2024/")
⏲ 5:18 👁 18.8M
_running-man-philippines-season-2-mediacon.webp "Running Man Philippines Season 2 mediacon<br/><br/>Video: Khryzztine Baylon")
_doncaster-free-press-daily-bulletin-with-stephanie-bateman-thursday-may-2-2024.webp "Doncaster Free Press Daily Bulletin with Stephanie Bateman - Thursday May 2, 2024")
_jade-dynasty-season-2-episode-8-34-english-sub-124124-sub-indo.webp "Jade Dynasty season 2 Episode 8 English Sub ,<br/>Jade Dynasty season 2 Episode 8 sub indo,<br/>Jade Dynasty Episode 34 English Sub,<br/>Jade Dynasty Episode 34 sub indo")
_jour-2-chez-drop-of-curiosity.webp "Jour 2 chez Drop of curiosity from jism 2 photo")
_eng-begins-youth-2024-ep-2.webp "Begins Youth (2024) EP 2 ENG SUB")
_emery-on-villa39s-devastating-4-2-defeat-to-olympiakos.webp "Aston Villa boss Unai Emery reacts to their devastating 4-2 defeat to Olympiakos in the first leg of their UEFA Conference League semi-final<br/>Villa Park, Aston, Birmingham, UK")
_google-justice-department-make-final-arguments-about-whether-search-engine-is-a-monopoly.webp "Google, Justice Department make final arguments about whether search engine is a monopoly<br/><br/>Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closing of a high-stakes antitrust lawsuit. Google, on the other hand, maintains that its ubiquity flows from its excellence, and its ability to deliver results customers are looking for.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#google <br/>#justicedepartment <br/>")
⏲ 0:34 👁 8.1M
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_china-says-philippines-agreed-to-stay-out-of-panatag-shoal-under-duterte-admin-124-the-wrap.jpg)
_running-man-philippines-season-2-mediacon.jpg)
_doncaster-free-press-daily-bulletin-with-stephanie-bateman-thursday-may-2-2024.jpg)
_jade-dynasty-season-2-episode-8-34-english-sub-124124-sub-indo.jpg)
_jour-2-chez-drop-of-curiosity.jpg)
_eng-begins-youth-2024-ep-2.jpg)
_emery-on-villa39s-devastating-4-2-defeat-to-olympiakos.jpg)
_google-justice-department-make-final-arguments-about-whether-search-engine-is-a-monopoly.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}