Future Tech

EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford

Tan KW
Publish date: Sat, 24 Jul 2021, 07:15 AM
Tan KW
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Future Tech

DETROIT - Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com, Ford Motor Co and T. Rowe Price.

The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant.

 


  - Reuters

 

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