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 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.

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.