Tesla rival Rivian adds $2.5 billion investment led by T. Rowe Price

📆 10-07-2020 22:45:00
📰 Reuters

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Electric 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.

) meteoric rise in valuation and the recent public offering of Nikola Corp NKLA.O. Both Tesla and Nikola are planning electric pickups to rival Rivian.

The new round takes total investment in Rivian to at least $6 billion, including a $1.3 billion round in December led by T. Rowe Price and including Amazon, Ford and BlackRock, according to investor website Pitchbook. Rivian’s latest fundraising was joined by Soros Fund Management, Coatue Management, Fidelity Management and Research Company, and Baron Capital Group. Amazon and BlackRock also participated.

Reporting by Ankit Ajmera in Bengaluru and Paul Lienert in Detroit; Editing by Ramakrishnan M. and Nick Zieminski

टिप्पणी लिखें

siamkibria তোর সুদিন আসছে...

Still haven’t seen a car off the production line though.....

that logo looks like renault though

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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