Overview
- Rivian is investing $120 million to construct a 1.2 million-square-foot supplier park near its Normal, Illinois, plant, supported by $16 million in state incentives.
- The supplier park will co-locate key component suppliers, aiming to lower logistics and tariff-related costs while enhancing production efficiency.
- Rivian CEO RJ Scaringe confirmed that the park will play a critical role in ramping up production of the $45,000 R2 model, set to launch in the first half of 2026.
- The project is expected to create approximately 100 direct jobs initially, with potential for hundreds more as suppliers establish operations on-site.
- Rivian has revised its 2025 delivery forecast to 40,000–46,000 units, citing increased costs from tariffs and economic uncertainty.