Rivian Secures $827 Million in Funding to Expand in Illinois

[Ed Ludlow and Isis Almeida]

Rivian Automotive will receive incentives valued at $827 million from Illinois to expand its electric vehicle plant there after the company halted work on a separate facility in Georgia.

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[BIG R GUY]

Give a company $800 million in pot sale money, so they can continue selling vehicles at a loss. Seems I remember something similar to this a while back when the government gave cash to a trucking company?

 

[DCM_Doc]

With all the billions of taxpayer funds given to EV manufacturing companies they won't have to build a single EV to be profitable.

 

[Jaloc]

UAW get in there!

 

[BIG R GUY]

 

[Toliet Paper]

They screwed over Georgia for over 1 billion so Illinois says here hold my beer

 

[Jaloc]

They screwed over Georgia for over 1 billion so Illinois says here hold my beer

International Finance always gets their cut percentage!