To conserve cash and hasten its production, Rivian paused construction of a plant in Georgia last year and decided to start building R2 SUVs in Illinois.

Rivian, which is gearing up to launch its new midsize R2 electric SUV, is building a $120 million supplier park near its Normal, Illinois, plant to facilitate increased production. The announcement Monday will add a 1.

Rivian Automotive (NASDAQ:RIVN) announced on Monday that it is investing $120 million to build a new 1.2 million-square-foot supplier park next to its electric vehicle plant in Normal, Illinois. The facility is expected to be completed in 2026.