Electric cars: Rivian raises another $ 2.65 billion

Source: Heise.de added 20th Jan 2021

  • electric-cars:-rivian-raises-another-$-2.65-billion

The US electric car developer Rivian has closed another financing round. Now let 2, 50 billion US dollars (2, 19 billion euros), the company announced. The other investment companies Fidelity, Coatue, D1 Capital and others who have already participated in earlier rounds will be involved in the round, led by T. Rowe Price Associates.

Also contributed to the 2, 65 According to Rivian, Amazon’s Climate Pledge Fund has billions of dollars. Rivian has already developed an electric van especially for the US online retailer.

Competition with Tesla With this round, the company has raked in a total of 8 billion US dollars in investments since the first. Last year, when they raised $ 2.5 billion, Soros Fund Management LLC led the ranks of investors.

Rivian builds electric vans for Amazon (12 Pictures) Alexa tells the driver where it is

(Image: Amazon) Rivian has been working on for a decade own vehicles. 2018 the company attracted attention with two high-end e-trucks. With the R1T unveiled in November 2018, Rivian could compete with the unusually designed Cybertruck Tesla had announced for later this year . Tesla sued Rivian last summer for allegedly stealing trade secrets.

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Read the full article at Heise.de

brands: Amazon  Especially  First  It  other  Vans  
media: Heise.de  
keywords: Amazon  

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