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Peter Johnson

EVPeteJohnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.

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Rivian (RIVN) gets $16 million for a new supplier park: A ‘key enabler’ to ramp EV production

Rivian-$16,000-EV-supplier-park

Rivian (RIVN) is charging ahead with another major project. The EV maker is building a new 1.2 million-square-foot supplier park near its Normal, Illinois, manufacturing plant as part of a nearly $120 million investment. With a $16 million incentive package from the state, Rivian expects it to be “a key enabler” as it ramps up EV production.

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