Rivian gets $16 million from Illinois to build new supplier park

is a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Rivian is receiving $16 million in state incentives to help construct a new 1.2 million-square foot supplier park near its EV manufacturing plant in Normal, Illinois, according to Illinois Governer JB Pritzker and Rivian, who both made official announcements today. As part of the deal, Rivian will invest nearly $120 million towards the project, which is expected to directly create about 100 new jobs. In a press release, Pritzker says Rivian’s investment in the new facility will create “an entire ecosystem” that will help attract global investment and create jobs, as well as “strengthening the EV manufacturing supply chain.” Rivian says the supplier park is already under construction and is scheduled to be completed in 2026. It will feature an underground tunnel that connects it with the main plant so parts can easily be transferred ... Read full article.