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, 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.

Rivian said on Monday it would invest $120 million to build a supplier park near its plant in Illinois, as the electric vehicle-maker gears up to produce its smaller, more affordable R2 SUVs next year.