Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.
January 19, 2021Business, Technology, Fuel
Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Business, Technology
Rivian Is Close to Raising Funds at $25 Billion Valuation
Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter.
January 5, 2021Business, Technology, Fuel, Logistics, TCA
Amazon Unveils Prototype of Rivian-Built Electric Delivery Van
Amazon .com Inc. unveiled a prototype of one of three electric vehicles being developed in partnership with startup EV truck manufacturer Rivian.
October 9, 2020Government, Business, Technology
Rivian Faces Ban From Michigan Car Dealers in Direct-Sales Fight
Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following in Tesla Inc.’s footsteps by selling vehicles directly to consumers and servicing them in the state.
September 21, 2020Business, Technology
EV Maker Rivian Raises $2.5 Billion in New Funding Round
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.
July 10, 2020Business, Technology
Ford’s Lincoln Partners With Rivian for First Electric Model
Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.
January 29, 2020Government, Business, Technology
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
January 23, 2020Government, Business, Equipment, TCA
Illinois’ Vehicle Manufacturing Future to be Shaped in Three Cities
From electric trucks and startups to international megamergers, the state of the fast-evolving auto industry in Illinois comes down to a tale of three cities: Normal, Belvidere and Chicago.
January 2, 2020