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Illinois Offers Rivian $827M Incentive Package To Expand EV Plant

Rivian will invest $1.5B to expand its Normal, IL operations, which will create more than 550 jobs within the next five years.

United statesState of illinoisKristin richardsKyle schulzJb pritzker facebookEmployer training investment programRivian automotive incIllinois department of commerce economic opportunityReimagining energyIllinois departmentEconomic opportunityRivian automotiveGovernor pritzkerPresident harmonSpeaker welchRivian founder

Elon Musk news: Tesla CEO trip to Beijing after India snub shows power of China

Business news, Elon Musk news, China news: Tesla secured tentative approval to deploy its more advanced driver-assistance features in China, potentially boosting revenue in its second-most important market.

Sumanth ramanMotors coGeneral motorsBusiness newsElon muskElon musk in chinaElon musk beijing visitTesla companyForeign investmentEconomic growthAutomotive industryElectric vehicles evSelf driving technologyMarket shareGovernment policiesTrade relations

Honda Canada To Grow EV Supply Chain With $15B Investment

Over the last four years, automotive and battery makers announced more than $31 billion in investments in EV manufacturing across Canada.

United statesJean marc leclercJustin trudeauKautex textronVic fedeliToshihiro mibeDoug fordDsck incClean technology manufacturingAsahi kasei corporationHm co ltdHonda canada inc productionHonda motor coRegional development programNextstar energy incHighbury canco corp

Amazon: Largest Investment Announcement In Indiana History

AWS will invest $11B to create a data center campus in Northern Indiana; Plus, Toyota will invest $1.4B in Southwest Indiana.

New carlisleUnited statesRoger wehnerCarl baxmeyerTim hollanderEricj holcombIndiana economic development corporationIndiana enterprise centerAmazon web servicesGovernor holcombAmazon indianaHoosier business investmentState roadGovernor ericJoseph county boardToyota sienna

Mobis Begins Building EV Battery System Plant In Spain

Korea-based EV supplier Mobis will invest over $128M in Navarre, Spain to build the first electrification-dedicated plant in Western Europe.

Czech republicSeoul based mobisBattery system factoryBattery management systemJung in boMobis spainCapital investmentCorporate expansionElectric vehicles evV battery system assemblyForeign direct investmentWestern europe

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