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The Pantagraph: Rivian Making Normal Thrive

Posted by Pantagraph Editorial Board on May 1, 2021

The Pantagraph highlighted Rivian’s electric vehicle manufacturing facility in Normal, Illinois, citing jobs projections from AEE’s Electrifying Illinois report. Read snippets below and the full article here.

The region received another economic jolt in the arm Wednesday when it was announced that Heartland Community College will be home to a training academy focused on electric vehicles and energy storage.

This is exactly the kind of investment that prepares Central Illinois for the future — and underscores that Rivian Automotive may be just the start.

After years in development, the electric vehicle startup is nearing the highly anticipated production phase in the formerly shuttered Mitsubishi plant in Normal.

The 2021 Rivian R1T will be the first mass-market electric pickup truck. And it will pack a punch: The initial Launch Edition will wield 735 horsepower and can hit 60 mph in 3 seconds, with a range of 300 miles between charges. The price tag: $75,000.

Rivian has been all-in on Normal since investing $16 million here in 2016, with the help of various incentives. Since then, the company has been snapping up land around the plant, including 380 acres recently…

Every indication points to the region becoming a hub of electric vehicle production.

A report by the trade group Advanced Energy Economy estimates the number of electric transportation sector jobs in Illinois is poised to double by 2024, to about 9,500.

A survey found that 54% of vehicle owners expect to own an electric one in the next 10 years, and President Joe Biden wants to spend $15 billion to begin rolling out electric vehicle charging stations. As many as 500,000 would be in place by 2030.

Read the full article here.

Topics: AEE In The News