rivan shares increased as much as 9% in intraday trading Wednesday following an announcement it will receive $827 million from the state of Illinois for the expansion of its plant in the city of normal furthering its investment in the facility about 2 months after it indefinitely paused plans for a $5 billion plant in Georgia get Forbes breaking news text alerts we're launching text message alerts so you'll always know the biggest stories shaping the day's headlines text alerts to 20113 35739 or sign up here $2 billion that's how much rivan has invested into its Illinois plant which has manufactured more than 100,000 electric vehicles billionaire Illinois governor JB pritsker has sought to bring in tech companies to the state with various initiatives pritsker and Battery manufacturing company Goan announced in September a $2 billion electric vehicle battery gigafactory in Mantino we estimate pritzker's net worth at $3.5 billion a figure attributable to his being an heir of the Hyatt Hotel fortune and his private Equity Firm pritsker group rivan's Illinois plant will also host the production of its R2 and R3 models vehicles with 300 M of range that were initially slated to be produced produced in Georgia ahead of their 2026 deliveries the automaker indefinitely paused its $5 billion production facility in Georgia in March revealing it planned to move production of the R2 to Illinois to provide a considerable reduction in the capital needed for the launch of the five- seat SUV rivan pauses planned $5 billion Georgia EV plant and its shares surge Forbes rivan shares pop as CEO RJ scaring shows off three small electric crossovers Forbes