T. Rowe Price leads $2.5 billion investment round into EV startup Rivian

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Robert 'R.J.' Scaringe, CEO and founder of Rivian, recently said the company was 'open' to additional financing to help support its 'aggressive growth plans.'

The funding comes as the company continues to renovate a former Mitsubishi plant in Normal, Illinoisto produce its vehicles as well as a line of EV vans, which AmazonIn June, CNBC obtained correspondence regarding a funding round for Rivian, saying the company was raising at least $2 billion with a pre-money valuation at or above $8 billion. At the time, Rivian denied they were raising money.

"We often receive unsolicited investment offers from institutions and individual investors," Amy Mast, public relations director at Rivian, said in a June 9 email. "We have heard this rumor ourselves - it is categorically false. Publishing this would be spreading a rumor that is simply not true."More recently, CEO and founder Robert "R.J.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.....
Källa: Reuters - 🏆 2. / 97 Läs mer »

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.....
Källa: Reuters - 🏆 2. / 97 Läs mer »