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Some Good News for Rivian Investors

TheMotleyFool

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Some Good News for Rivian Investors: https://g.foolcdn.com/editorial/images/776219/2022-rivian-r1s-10.jpg

Considering Rivian Automotive (NASDAQ: RIVN) is dealing with a second-quarter planned plant shutdown, stalling production and delivery estimates for the year, and slowing demand, you might not think there's much good news to be found surrounding the young electric vehicle (EV) maker.

But you'd be wrong. Let's dig into a couple of recent announcements that are certainly positive for the company.

In a piece of solid news for the company, Illinois is providing the electric vehicle maker an incentive package worth $827 million.

Source Fool.com

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