Electric-vehicle startup Rivian raises $2.5 billion in funding round - Business Insider

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Rivian, the EV startup looking to challenge Tesla with electric pickups and SUVs, just raised another $2.5 billion in funding

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.

 

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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

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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.'
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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.....
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