Katie Roof

Business, Technology

EV Maker Rivian Raises $2.5 Billion in New Funding Round

Rivian's  R1T electric pickup truck. Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.

Katie Roof | Bloomberg News
July 10, 2020