Rivian Secures $827 Million in Incentives for Illinois Expansion

Rivian Secures $827 Million in Incentives for Illinois Expansion

Rivian Secures $827 Million in Funding to Expand in Illinois - EV maker to build out existing plant after pausing in Georgia - Decision is a win for Illinois governor after Gotion project Rivian Automotive Inc. will receive incentives valued at $827 million from Illinois to expand its electric-vehicle plant in the state after the company halted work on a separate facility in Georgia. The 30-year package consists primarily of tax benefits under the Reimagining Energy and Vehicles in Illinois …