TSLA332.8101.93%
GM89.3501.39%
F13.980-0.02%
RIVN16.360-0.03%
CYD46.7600.61%
HMC31.700-0.02%
TM189.8201.04%
CVNA72.010-2.15%
PAG216.6600.39%
LAD378.330-1.51%
AN208.4600.37%
GPI266.2601.14%
ABG207.750-3.01%
SAH80.6100.59%
TSLA332.8101.93%
GM89.3501.39%
F13.980-0.02%
RIVN16.360-0.03%
CYD46.7600.61%
HMC31.700-0.02%
TM189.8201.04%
CVNA72.010-2.15%
PAG216.6600.39%
LAD378.330-1.51%
AN208.4600.37%
GPI266.2601.14%
ABG207.750-3.01%
SAH80.6100.59%
TSLA332.8101.93%
GM89.3501.39%
F13.980-0.02%
RIVN16.360-0.03%
CYD46.7600.61%
HMC31.700-0.02%
TM189.8201.04%
CVNA72.010-2.15%
PAG216.6600.39%
LAD378.330-1.51%
AN208.4600.37%
GPI266.2601.14%
ABG207.750-3.01%
SAH80.6100.59%

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

The new supplier park is part of a broader expansion effort.
Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Illinois.

Electric vehicle manufacturer Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Normal, Illinois. The project, announced Monday alongside Illinois Governor JB Pritzker, is supported by a $16 million incentive package from the state and is expected to create around 100 direct jobs.

Designed to streamline EV production, the new supplier park will support light assembly and manufacturing from select Rivian suppliers. Completed parts will be transported to Rivian’s main plant via an underground tunnel connecting the two facilities. Construction is scheduled for completion in 2026.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Rivian CEO RJ Scaringe said the new park will be “a key enabler to increasing production” ahead of the company’s upcoming R2 electric SUV launch. The R2, also slated to debut in 2026, will start at approximately $45,000—about half the price of Rivian’s current R1S and R1T models.

“In Illinois, we aren’t just making electric vehicles: we are creating an entire ecosystem,” Pritzker said in a statement. The state’s incentive package includes a $5 million Reimagining Energy and Vehicles (REV Illinois) tax credit over 20 years.

The new supplier park is part of a broader expansion effort. Rivian is also upgrading its existing plant with a 1.1 million-square-foot addition, aiming to increase annual production capacity from 150,000 to 215,000 vehicles. The facility currently produces the R1T pickup, R1S SUV, and Commercial Van.

Image source: Rivian

Despite scaling production, Rivian anticipates a delivery dip during the upgrade process. After delivering 8,640 vehicles in the first quarter of 2025, the company reaffirmed its target of 46,000 to 51,000 total deliveries for the year.

Further down the line, Rivian plans to open a second manufacturing plant in Georgia by 2028, which will raise total production capacity to approximately 400,000 units annually.

Read More
More from EVs & Technology
Ford names new electric pickup the Fathom, priced at $28,350

Ford names new electric pickup Fathom, priced at $28,350

- August 7, 2026
On the Dash: Ford Fathom starts at $28,350, or $29,945 with destination and delivery Pre-orders open in early 2027, with deliveries following later that year The Fathom is the first...
Tesla challenges Manitoba EV rebate ban as legal battle moves to court

Tesla challenges Manitoba EV rebate ban as legal battle moves to court

- August 6, 2026
On the Dash: Political and trade disputes are increasingly influencing EV incentive programs, creating uncertainty for manufacturers and consumers. Incentive eligibility remains a key factor in EV affordability and...
Lucid targets $1.4B in cash savings as CEO launches turnaround plan

Lucid targets $1.4B in cash savings as CEO launches turnaround plan

- August 5, 2026
On the Dash: Lucid is shifting from rapid growth to financial discipline, signaling that profitability and execution now take priority over production volume. The delayed rollout of Lucid's midsize platform...
EV sales hit record highs globally as U.S. demand stalls at 5.8%

EV sales hit record highs globally as U.S. demand stalls at 5.8%

- August 4, 2026
On the Dash: Global EV sales hit record highs in 50 countries as fuel price swings pushed shoppers away from gas. U.S. EV sales reached just 5.8% in Q2,...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.