Electric-vehicle upstart Rivian just closed a $2.5 billion round of funding, the company announced on Friday. Since last year, Rivian has raised well over $5 billion and is backed by Amazon, Ford, and Cox Automotive, among others. Visit Business Insider's homepage for more storiesElectric-vehicle startup Rivian, which is among the most-anticipated challengers to Tesla and has already secured investments from the likes of Ford and Amazon, has completed a new $2.
Including this latest batch of funding, Rivian has racked up roughly $5.35 billion from investors since 2019. Last year's major investments include a $700 million round led by Amazon, $500 million from Ford, and $350 million from Cox Automotive.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
this truck kinda nice its like a land rover/suburban hybrid
Can’t even make it aerodynamic. Probably has a range of 100 miles
I s that the Ford focus suv from 20 years ago
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Donald Trump and Kanye West's unlikely friendship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bevis and butthead CNN MSNBC IdiotInChief You mean Dumb and Dumber
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Regeneron's 32-year history, race for coronavirus drug - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. How far are they ?
Source: BusinessInsider - 🏆 729. / 51 Read more »
T. Rowe Price leads $2.5 billion investment round into EV startup RivianRobert 'R.J.' Scaringe, CEO and founder of Rivian, recently said the company was 'open' to additional financing to help support its 'aggressive growth plans.'
Source: CNBC - 🏆 12. / 72 Read more »
Tesla rival Rivian adds $2.5 billion investment led by T. Rowe PriceElectric vehicle startup Rivian, which is backed by Amazon and Ford Motor and aims to put an electric pickup and SUV in production in 2021, boosted its war chest further with a $2.5-billion investment round led by T. Rowe Price , Rivian said Friday. that logo looks like renault though Still haven’t seen a car off the production line though.....
Source: Reuters - 🏆 2. / 97 Read more »